DEE Development Engineers Ltd Faces Stock Price Decline Amidst Market Volatility

DEE Development Engineers Ltd, an engineering company specializing in process piping solutions for industries such as oil and gas, nuclear, and more, has witnessed a decline in its stock price. The company, originally incorporated as DE Development Engineers Private Limited, has been dealing with market volatility.

With a market capitalisation of Rs 2,262 crore, DEE Development Engineers Ltd is facing challenges in the current economic landscape. The company’s 52-week high share price stands at Rs 365.70, while the 52-week low is at Rs 310.20.

On the financial front, DEE Development Engineers Ltd reported a loss for the recent quarter and the previous year. Despite this, the company continues to operate in the competitive Metals & Mining sector alongside peers like Vardhman Special, Mukand, Pennar Industries, and others.

Key figures within DEE Development Engineers Ltd include Chairman & Managing Director Krishan Lalit Bansal, Whole-time Directors Ashima Bansal and Shikha Bansal, along with Independent Directors Bhisham Kumar Gupta, Shilpi Barar, and Ashwani Kumar Prabhakar.

The company is registered in Faridabad, Haryana, with a corporate office at Unit 1 Prithla-Tatarpur Road. For investors and stakeholders, staying updated on DEE Development Engineers Ltd’s performance amidst market fluctuations is crucial.