Smallcap Stock Hits 5% Upper Circuit After Receiving Rs.632 Cr Orders in May
Bengaluru, June 8 -- The shares of this small cap company majorly engaged in design, engineering, and fabrication of complex piping systems, pressure vessels, heat exchangers and many more were in focus after its total order book crosses Rs. 2400 Crores
With the market capitalization of Rs. 4904 Crores, the shares of DEE Development Engineers Ltd hit upper circuit of 5 percent to Rs. 707.95 per share from Rs. 674.25 per share and is trading at a P/E of 62.1 where as industry P/E stands at 29.9
Strong order inflow drives order book growth
DEE Development's total order book increased to Rs. 2,433.9 crore as of May 31, 2026, from Rs. 1,909.8 crore at the beginning of the month. The increase was driven by fresh order inflows of Rs. 631.9 c...
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