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DEE Development shares rise after subsidiary secures order for windmill towers; details here

News by Aliceblue News Desk

06 Feb 2026

DEE Development shares rise after subsidiary secures order for windmill towers; details here

Introduction

Leading engineering subsidiary secures ₹90 crore domestic order for supply of windmill towers, with execution scheduled from May 2026 to January 2027, marking its highest-value order.

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Share price movement of DEE Development

On February 6, 2026, Dee Development Engineers Ltd opened at ₹208.00, down 0.41% from its previous close of ₹208.85. The stock reached a high of ₹213.75 (2.35%) and a low of ₹202.45. By 3:12 PM, it traded at ₹213.75, a 2.35% increase, with a market cap of ₹1,480.50 crore.

DEE Subsidiary Secures ₹90 Crore Windmill Order

DEE Development Engineers Ltd’s wholly owned subsidiary, DEE Fabricom India Pvt Ltd, received a high-value order for windmill towers. The customer name is not disclosed due to commercial reasons.

The domestic order is valued at approximately ₹90 crore. Execution is scheduled from May 2026 to January 2027. The order represents the largest in the subsidiary’s history.

DEE Fabricom India Pvt Ltd will supply the windmill towers as per the contract. Promoters or group companies have no interest in the entity awarding the order.

Stock performance of DEE Development for Period of 1 week, 6 months, and 1 year

Dee Development Engineers Ltd delivered a 10.6% return over the past week, and it declined 20.5% over six months, and 23.1% over the past year.

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Shareholding pattern of DEE Development

ParticularsDec 2025Sep 2025Jun 2025
Promoter70.20%70.20%70.20%
FII0.80%0.80%0.80%
DII14.90%16.60%17.30%
Public14.20%12%12%

About DEE Development

DEE Development Engineers Ltd (NSE: DEEDEV), incorporated in 1988, specializes in design, engineering, and fabrication of complex piping systems, pressure vessels, and heat exchangers for industrial applications.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is DEE Development Engineers Ltd share price rising today?

A: DEE Development Engineers Ltd share price rose today after its subsidiary DEE Fabricom India Pvt Ltd received a ₹90 crore windmill tower order.

Q: What is DEE Development Engineers Ltd’s main business focus?

A: DEE Development Engineers Ltd focuses on design, engineering, and fabrication of piping systems, pressure vessels, and heat exchangers for industrial applications.

Q: What are the 52-week high and low of DEE Development Engineers Ltd stock?

A: DEE Development Engineers Ltd stock recorded a 52-week high of ₹336.15 and a 52-week low of ₹166.60.

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