Brief Equities Bottom-Up: The Piping Specialist: Dee Development Engineers Limited and more
In this briefing: The Piping Specialist: Dee Development Engineers Limited Primer: Mitsubishi Logisnext Co., Ltd. (7105 JP) - Apr 2026 Primer: Foshan Haitian Flavouring & Food (603288 CH) - Apr 2026 Primer: Meritz Securities (008560 KS) - Apr 2026 Primer: Visaka Industries (VSKI IN) - Apr 2026 1. The Piping Specialist: Dee Development Engineers Limited Dee Development posted 77% YoY Revenue jump in Q3 FY26 , commissioned its New Seamless Pipe Plant in March 2026 & Crossed Rs 1,913 crore in FY26 order inflows through February. Anjar’s 30,000 MTPA fabrication unit & 7,000 MTPA Seamless Pipe Plant are now fully operational, with the First Seamless Pipe Order of 58 Crore already secured in Feb 26. Backward integration eliminates 100% import dependency on thick wall seamless pipes, improving gross margins while unlocking 450 crore peak revenue opportunity. 2. Primer: Mitsubishi Logisnext Co., Ltd. (7105 JP) - Apr 2026 Mitsubishi Logisnext is a major global player in the material handling equipment market, ranked among the top five suppliers worldwide, offering a comprehensive portfolio of forklifts, warehouse equipment, and automated solutions.