Diamond Power Infrastructure shines on bagging orders worth Rs 104.47 crore
Diamond Power Infrastructure is currently trading at Rs. 126.55, up by 7.10 points or 5.94% from its previous closing of Rs. 119.45 on the BSE.
The scrip opened at Rs. 122.70 and has touched a high and low of Rs. 128.00 and Rs. 121.30 respectively. So far 34971 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. 86.50 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 129.55 and Rs. 118.50 respectively. The current market cap of the company is Rs. 6595.04 crore.
The promoters holding in the company stood at 84.02%, while Institutions and Non-Institutions held 0.53% and 15.45% respectively.
Diamond Power Infrastructure has bagged orders aggregating to Rs 104.47 crore. The company has received a letter of intent (LoI) worth around Rs 60.53 crore (inclusive GST) from Gujarat Energy Transmission Corporation for the supply of 270 km cables. The order is to be executed within 4 months from day of purchase order.
Further, the company has secured LoI worth around Rs 43.93 crore from Uttar Gujarat Vij Company for the supply of 453 km cables. The order is to be executed within 7 months in equal monthly lots as decided by DISCOMS after a commencement period of 45 days from the date of receipt of letter of acceptance of respective DISCOMS.
