DMR Engineering Ltd. shares decline 5.65% to Rs 25.57, extending a recent downtrend that has seen the stock slip 7.05% over the last one week.
DMR Engineering Limited has secured an assignment from Studio Ing. G. Pietrangeli Srl to provide engineering consultancy services to the Asian Development Bank (ADB) and the Department of Power (DPN) in Nagaland, India, for a contract period of 12 months and an aggregate amount of Rs 216,000 (USD Two Hundred Sixteen Thousand). The order, awarded by an international entity, does not involve any related party transactions and does not indicate any interest from the company's promoter group.
Trading volume reached 5850 shares today, a 200.0% increase compared to the one-week average volume. DMR Engineering Ltd plunged by 50.30% year-over-year, underperforming the 9.93% loss recorded by the NIFTY50 index.
