Diamond Power Infrastructure surges on securing LoIs worth Rs 230.25 crore
Diamond Power Infrastructure is currently trading at Rs 98.05, up by 1.67 points or 1.73% from its previous closing of Rs 96.38 on the BSE.
The scrip opened at Rs 97.97 and has touched a high and low of Rs 99.89 and Rs 97.69 respectively. So far 7014 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 1 has touched a 52-week high of Rs 193.58 on 21-Oct-2024 and a 52-week low of Rs 71.76 on 29-Apr-2024.
Last one week high and low of the scrip stood at Rs 114.95 and Rs 94.11 respectively. The current market cap of the company is Rs 5180.13 crore.
The promoters holding in the company stood at 90.00%, while Institutions and Non-Institutions held 0.04% and 9.96% respectively.
Diamond Power Infrastructure has received a letter of Intents (LoIs) worth Rs 230.25 crore. Out of the total, the company has received order from Rajesh Power Services for their project under Dakshin Gujarat Vij Company worth Rs 150.98 crore. The company has also received order from Adani Electricity Mumbai worth Rs 79.27 crore for supply of Power Cables.
Diamond Power Infrastructure (DPIL) was incorporated in 1992 having its registered office in Vadodara, Gujarat. The company is engaged in manufacturing & selling of conductor, cables and transmission towers.
