Diamond Power Infrastructure share price gained 1 percent in the early trade on December 29 following the company received power cables supply worth Rs 66.18 crore.
At 09:19am, Diamond Power Infrastructure was quoting at Rs 141.70, up Rs 1.75, or 1.25 percent, on the BSE.
".... has received a letter of intent from Hild Projects, EPC contractor for supply of power cables worth Rs 66,18,25,690 exclusive GST," company said in its press release.
The purchased order has been awarded on Kms rate basis with PV Formulae which is to be executed between January 1, 2026 to June 30, 2026.
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Earlier in this month the company received a letter of intent from Bondada Engineering for supply of power cables worth Rs 55,54,00,000.
Also, received a letter of intent worth Rs 57,58,40,000 from Rajesh Power Services to supply cables.
In the previous trading session, the share closed at Rs 139.95, down Rs 1.05, or 0.74 percent.
The share touched a 52-week high of Rs 185.10 and a 52-week low of Rs 81.00 on 17 July, 2025 and 04 March, 2025, respectively.
Currently, the stock is trading 24.39 percent below its 52-week high and 72.78 percent above its 52-week low.
The market capitalisation of the company stands at Rs 7,374.96 crore.
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