Secures INR 206.55 Cr order in critical piping for power sector PSU

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

DEEDEV · price

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Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹623.05

prior close

₹651.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+3.9% vs market

On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.6

10m

-1.1

15m

-1.2

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+5.0+1.1+3.9

Next day

+6.3+1.3+4.9

+2.4+2.2+0.2

+7.7+2.2+5.5

+13.1+0.2+12.9

+10.6+2.1+8.5

+1.8-0.5+2.3

15d

+12.4+7.5+4.8

+13.8+8.6+5.2

+11.4+9.1+2.3

+3.3+11.8-8.4

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

DEE Development Engineers has received a Letter of Intent worth INR 206.55 Crores (excluding GST) from a domestic Public Sector Maharatna EPC conglomerate in the power sector. The order covers manufacturing and supply of Critical Piping Assembly, including Main Steam package and Hot Reheat system. Execution timeline is 6-12 months from PO for 2 units and 2-15 months for the other 2 units. No promoter or related party interest is involved.

Likely market impact

Large PSU order strengthens revenue visibility and signals strong demand in thermal power critical piping segment