DEE Development Engineers Ltd’s wholly-owned subsidiary, DEE Fabricom India Non-public Ltd, has secured an order value roughly ₹64 crore (inclusive of GST) for the availability of windmill towers, the corporate introduced right this moment.
The order has been awarded by Ganeko Photo voltaic Non-public Ltd, a home entity. The contract includes manufacturing 15 EN156 Envision make 353 MT windmill towers for 3.3 MW windmills, with execution scheduled for completion by January 2027.
Cost phrases beneath the contract are structured in three tranches: 25 per cent advance in opposition to a lowering steadiness financial institution assure, 55 per cent on materials readiness, and the remaining 20 per cent inside 15 days of bill. The guarantee interval is 24 months from ex-works readiness.
The corporate confirmed that neither the promoters nor the promoter group has any curiosity in Ganeko Photo voltaic Non-public Ltd, and the transaction doesn’t fall beneath associated get together transactions.
DEE Development Engineers’ shares have been beneath stress on Tuesday, falling 2.24 per cent to ₹660.00 on the NSE, in opposition to a earlier shut of ₹677.15. The inventory touched an intraday excessive of ₹690 and a low of ₹647, with sell-side stress dominating — 81.82 per cent of the whole traded amount was on the promote aspect. Complete traded quantity stood at roughly 0.26 lakh shares, with a traded worth of ₹1.73 crore.
Regardless of right this moment’s decline, the inventory has delivered sturdy returns over the previous yr, rising over 106 per cent, and has surged greater than 216 per cent year-to-date. The 52-week excessive of ₹760 was recorded on June 18, 2026. Complete market capitalisation stands at roughly ₹4,585 crore.
Revealed on June 23, 2026
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