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DEE Development Engineers Secures Major Piping Contracts in Power Sector

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DEE Development Engineers Secures Major Piping Contracts in Power Sector

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The latest announcement is out from DEE Development Engineers Limited ( (IN:DEEDEV) ).

DEE Development Engineers Limited has announced the receipt of a Letter of Intent from an Indian Public Sector Undertaking in the power sector for the supply of approximately 1900 MT of critical piping for two significant power projects. The contracts, valued at approximately Rs. 170 Crores, are expected to be executed over a period ranging from 9 to 15 months, indicating a substantial boost to the company’s operations and positioning within the industry.

More about DEE Development Engineers Limited

DEE Development Engineers Limited is a company operating in the engineering sector, primarily focusing on the supply of critical piping solutions. The company serves various industries, with a notable presence in the power sector, and is based in Haryana, India.

Average Trading Volume: 63,568

Technical Sentiment Signal: Strong Sell

See more insights into DEEDEV stock on TipRanks’ Stock Analysis page.

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