Diamond Power secures ₹435.71 cr order for power cables
after close1 source ↓written by the desknot a recommendation
- order
- ₹435.71 cr
- upper circuit
- ₹218.40
- increase
- 10%
- cap stands
- ₹11,509.05 cr
Diamond Power Infrastructure has received a ₹435.71 cr order for the supply of High Tension (HT) and Low Tension (LT) power cables for the 310 MW HYD22 to HYD26 Data Center Projects in Hyderabad. The stock is currently locked at its upper circuit of ₹218.40, reflecting a 10% increase from the previous close.
This order is expected to enhance the company's revenue stream and market position, as it continues to capitalize on growing demand in the infrastructure sector. The current market cap stands at ₹11,509.05 cr.
Not investment advice. For informational purposes only.