Shares of DEE Improvement Engineers Ltd rose 2% to the touch a day’s excessive of Rs 289.80 on eighth September. This occurred after the corporate introduced the enlargement of its manufacturing capability.
In an trade submitting, DEE Improvement Engineers Ltd mentioned it has commissioned the remaining 15,000 metric tons of producing capability. That is for Course of Piping Options at its new Anjar Facility in Kutch, Gujarat. It grew to become operational on eighth September, 2025.
Capability Enlargement
With this addition, the whole capability on the Anjar Facility has risen to 30,000 metric tons every year. The corporate’s order e book now stands at about Rs 1,335 crore. The purchasers span throughout oil & gasoline, energy, chemical substances, and course of industries.
The corporate mentioned this enlargement gives sturdy visibility for income progress. It additionally positions it properly for improved efficiency. Chairman & Managing Director Krishan Lalit Bansal known as the commissioning a big milestone in DEE’s progress journey. He highlighted that the upcoming Seamless Pipe Plant will additional strengthen its portfolio.
Current Developments
Simply final week, DEE Improvement Engineers bagged a Letter of Intent (LoI) value Rs 170 crore from a public sector enterprise within the energy sector. The contract is to provide round 1,900 MT of essential piping for 2 tasks.
DEE Improvement Engineers Q1 Outcomes
In Q1 (ended June 2025), the corporate’s income rose 21% year-over-year to Rs 223.8 crore. This compares to Rs 185 crore in the identical quarter final yr.
At 2:15 PM, the shares of DEE Improvement Engineers have been buying and selling 1.70% larger at Rs 278.70 on NSE.
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