This main Engineering firm’s inventory is in focus after it jumped 4.75 % following the announcement of receiving an order for the provision of pre-fabricated Carbon, Alloy, & Stainless-Metal Piping Objects for Thermal Energy stations.
Share Worth Motion
With a market capitalization of Rs. 1,760 Crore, the inventory of Dee Growth Engineers Restricted opened at Rs. 259, up 1.50 % from yesterday’s shut, and after opening, it made a excessive of 267.29, up 4.75 %.
Order Replace
The corporate has acquired a world order for the provision of pre-fabricated Carbon, Alloy, & Stainless-steel piping objects for the thermal energy station. Time interval by which the order is to be executed is 7 to 12 months, and the full order measurement is Rs. 55 Crore
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Monetary Highlights
The corporate reported a 22.85 % YoY lower in income from Rs. 210 Crore in Q3FY24 to Rs. 162 Crore in Q3FY25. On a QoQ foundation, the corporate reported a lower of 16.49 % in income from Rs. 194 Crore within the earlier quarter.
Their Internet revenue of Rs. 9 Crore in Q3FY24 turned to a Internet lack of Rs. 13 Crore in Q3FY25. On a QoQ foundation, the corporate has reported a Internet Revenue of Rs. 22 Crore in Q2FY25.
In regards to the Firm
DEE Growth Engineers Restricted, established in 1988 and headquartered in Faridabad, Haryana, is a number one engineering firm specializing in course of piping options for industries comparable to oil and gasoline, energy (together with nuclear), and chemical compounds.
DEE Growth Engineers operates seven manufacturing amenities throughout India and Thailand, positioned in Palwal (Haryana), Anjar (Gujarat), Barmer (Rajasthan), Numaligarh (Assam), and Bangkok (Thailand)
Written By Abhishek Das
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