Bengaluru, June 25 -- The shares of this engineering company surged over 6 percent on Wednesday after the company announced that it had secured an order worth Rs 85 crore. In this article, we will discuss more about it in detail.

With a market capitalisation of Rs 2,198 crores, the shares of DEE Development Engineers Ltd are currently trading at Rs 318 per share, down by 20.5 percent from its 52-week high of Rs 400 per share. In the last month, the stock has delivered a return of 25 percent.

On Wednesday, the company, through a stock exchange filing, announced that it has signed a contract for $10 million (Rs 85.25 crore) with an international client. The scope of work is piping spool fabrication on a material basis and includes NDT, PW...