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Ketan Mittal (SEBI RA)

13th Mar · SEBI-Registered Analyst

DEEDEV

At a time when global markets are grappling with escalating geopolitical tensions, a player engaged in the business of process piping solutions quietly surged on Dalal Street. This is Dee Development Engineers. The small-cap stock has climbed nearly 50% year-to-date (YTD) till March 11, 2026, and about 65% since the end of January. On the other hand, the benchmark NSE Nifty 50 index is down 10% YTD. A robust order book supported Dee Development Engineers in the recent past. The order book of the company increased by 45% month-on-month to ₹1,913 crore in February from nearly ₹1,320 crore a month ago. A couple of other factors, such as robust profit growth, better capacity utilisation and strong revenue guidance, further boosted sentiments.

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