Order from Adani Energy Solutions
Diamond Power Infrastructure Ltd secured a ₹1,349.11 crore order from ADANIENSOL for 24,080 km of AL-59 conductors to be completed by June 2028.
The company's shares jumped 4% after receiving the Letter of Intent, a significant development for the power transmission equipment manufacturer with products including power cables and transmission towers.
With a market capitalization of Rs. 8,797.78 Crores on Monday, the shares of Diamond Power Infrastructure Ltd rose by 4.08 percent after making a high of Rs. 169.50 compared to its previous closing price of Rs. 162.85.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.
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