Diamond Power Infrastructure surges on bagging LoI worth Rs 45.47 crore
Diamond Power Infrastructure is currently trading at Rs. 142.00, up by 4.10 points or 2.97% from its previous closing of Rs. 137.90 on the BSE.
The scrip opened at Rs. 141.00 and has touched a high and low of Rs. 142.50 and Rs. 139.40 respectively. So far 52027 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. 142.50 and Rs. 131.45 respectively. The current market cap of the company is Rs. 7475.08 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 secured a letter of intent (LoI) worth around Rs 45.47 crore (inclusive GST) from Adani Electricity Mumbai. The LoI is for supply of Cables and to be executed during period starting from May, 2026 to May, 2027
