Diamond Power Infrastructure shines on securing LoI worth Rs 52.86 crore
Diamond Power Infrastructure is currently trading at Rs. 362.00, up by 5.90 points or 1.66% from its previous closing of Rs. 356.10 on the BSE.
The scrip opened at Rs. 364.95 and has touched a high and low of Rs. 365.00 and Rs. 356.60 respectively. So far 9552 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 379.00 on 12-Aug-2026 and a 52 week low of Rs. 115.80 on 02-Feb-2026.
Last one week high and low of the scrip stood at Rs. 375.00 and Rs. 344.20 respectively. The current market cap of the company is Rs. 21635.22 crore.
The promoters holding in the company stood at 84.02%, while Institutions and Non-Institutions held 1.99% and 13.98% respectively.
Diamond Power Infrastructure has received Letter of Intent (LoI) from Aurionpro Solutions for the supply of HT and LT electrical cables to a hyperscale data centre campus at Hyderabad. The LoI, valued at around Rs 52.86 crore (Including GST), covers the HYD-20 package of the campus, for which Aurionpro Solutions is the appointed EPC contractor. Supplies commence immediately and are scheduled on a staggered basis in line with the site's construction programme, delivered DAP Hyderabad. The contract is on a price-variation basis under the IEEMA formula with April 2026 base indices.
The package is overwhelmingly copper-intensive. It comprises around 130 kilometres of cable, of which over 116 kilometres is 1100 V grade, XLPE-insulated, FRLS-sheathed 1C x 300 sq mm copper conductor cable - the backbone distribution cable for high-density server halls. The balance covers 33 kV (E) grade aluminium XLPE armoured FRLS cable, 1.1 kV aluminium armoured LT power cables and copper control cables, all built to the client's IEC 61914 cleat and fire-performance specifications.
The order draws directly on the copper wire drawing and copper cable manufacturing line recently commissioned by the company, which has a capacity of 1,500 MT of copper cables per month. The line was set up specifically to address high-intensity power applications such as data centres and power plants and marks the Company's entry into copper-based cables alongside its established aluminium cables and conductors’ business.
