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Akshay Patel

6th Sep · SEBI Registration INH000017231

Diamond Power secures ₹76.06 Crore Order

DIACABS
has secured an EHV underground cable supply order worth ₹76.06 crore in Gujarat. This order reinforces the company's strong execution capability in the specialized power transmission market, supported by its recent multi-fold capacity expansions in Vadodara. Diamond Power Infrastructure is successfully scaling its revenue by capturing high-value orders in the capital-intensive EHV segment. By leveraging its newly expanded manufacturing footprint in Vadodara, the company is proving its capability to capture utility-scale transmission and distribution contracts in domestic markets. The ₹76.06 crore Gujarat contract proves that Diamond Power Infrastructure is successfully converting its aggressive manufacturing capacity expansions into high-value order book additions, reinforcing its cyclical turnaround story. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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