Diamond Power Infrastructure rises on receiving LoI worth Rs 75.14 crore
Diamond Power Infrastructure is currently trading at Rs. 140.65, up by 1.80 points or 1.30% from its previous closing of Rs. 138.85 on the BSE.
The scrip opened at Rs. 141.65 and has touched a high and low of Rs. 141.65 and Rs. 140.20 respectively. So far 3906 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 185.10 on 17-Jul-2025 and a 52 week low of Rs. 81.00 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 147.40 and Rs. 136.95 respectively. The current market cap of the company is Rs. 7316.99 crore.
The promoters holding in the company stood at 84.02%, while Institutions and Non-Institutions held 1.49% and 14.48% respectively.
Diamond Power Infrastructure has received a letter of intent (LoI) from Amara Raja Infra, EPC Contractor for Supply of HT and LT Cables worth Rs 75.14 crore inclusive GST. The said order is expected to be completed between January 2026 to March 2026. The order has been awarded on ‘Kms rate basis with PV Formulae’.
Diamond Power Infrastructure was incorporated in 1992 having its registered office in Vadodara, Gujarat. The company is engaged in manufacturing & selling of conductor, cables and transmission towers.
