Diamond Power surges on commissioning Power Cable Production Line at Vadodara facility
Diamond Power Infrastructure is currently trading at Rs. 197.00, up by 5.25 points or 2.74% from its previous closing of Rs. 191.75 on the BSE.
The scrip opened at Rs. 195.80 and has touched a high and low of Rs. 204.85 and Rs. 192.10 respectively. So far 676597 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 204.85 on 15-May-2026 and a 52 week low of Rs. 91.23 on 15-May-2025.
Last one week high and low of the scrip stood at Rs. 204.85 and Rs. 168.20 respectively. The current market cap of the company is Rs. 10476.18 crore.
The promoters holding in the company stood at 84.02%, while Institutions and Non-Institutions held 0.43% and 15.55% respectively.
Diamond Power Infrastructure (DPIL) has successfully commissioned its 7th MV/EHV Power Cable Production Line at its advanced manufacturing facility at Vadodara, Gujarat. The newly commissioned line is based on the globally accepted Continuous Catenary Vulcanisation (CCV) technology for manufacturing MV and EHV XLPE Power Cables and represents a significant milestone in the company’s ongoing capacity expansion and technology upgradation program.
With this commissioning, the company further strengthens its integrated manufacturing capabilities in the strategically important MV and EHV Power Cable segment, catering to utilities, renewable energy projects, industrial infrastructure, metro rail, smart cities, data centres, transmission projects and underground power distribution networks.
Further, the company’s three additional MV/EHV Cable Lines are under various stages of installation and commissioning and are expected to become operational before March 31, 2027.
