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Diamond Power Infrastructure bags ₹43.26 Cr cable supply order from Adani Power

News by Aliceblue News Desk

06 Apr 2026

Diamond Power Infrastructure bags ₹43.26 Cr cable supply order from Adani Power

Introduction

Leading infrastructure firm secures a Rs. 43.26 crore contract from Adani Power for design, supply, and installation of power and control cables at Raipur Ph-II project.

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Also Read: Astra Microwave stock jumps after bagging ₹250.58 Cr order via JV with HAL

Share price movement of Diamond Power Infrastructure

On April 06, 2026, Diamond Power Infrastructure Ltd opened at ₹123.05, down 1.70% from its previous close of ₹125.20. The stock reached a high of ₹132.00 (5.48%) and a low of ₹122.25 (-2.38%). By 2:28 PM, it traded at ₹127.65, a 1.96% increase, with a market cap of ₹6,726.79 crore.

Diamond Power Bags Adani Order

Diamond Power Infrastructure Limited has received a letter of intent from Adani Power Limited. The order is for design, engineering, manufacturing, inspection, packing, and supply of power cables.

The order is for Raipur Ph-II Thermal Power Projects, Chhattisgarh. The total contract value is Rs. 43.26 crore, inclusive of GST. The execution deadline is 31st July 2026.

The contract is awarded by a domestic entity. Promoters have no interest in Adani Power. The order does not qualify as a related party transaction. Work is entirely at arm’s length.

Stock performance of Diamond Power Infrastructure for period of 1 week, 6 months, and 1 year

Diamond Power Infrastructure Ltd delivered a 1-week return of 5.55%, a 6-month return of -12.4%, and a 1-year return of 34.4%.

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Also Read: Texmaco Rail stock in focus aftr securing ₹41.47 Cr order from Sushila Transport

Shareholding pattern of Diamond Power Infrastructure

ParticularsDec 2025Sep 2025Jun 2025
Promoter84.00%84.00%84.00%
FII0.40%1.40%1.40%
DII0.10%0.10%0.00%
Public15.40%14.50%14.60%

About Diamond Power Infrastructure

Diamond Power Infrastructure Ltd (NSE: DIACABS) manufactures and supplies transmission and distribution power products and services across India, catering to the energy and infrastructure sectors efficiently.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Diamond Power Infrastructure Ltd share price rising today?

A: Diamond Power Infrastructure Ltd receives Rs. 43.26 crore order from Adani Power for supply of power and control cables.

Q: What is Diamond Power Infrastructure Ltd’s main business focus?

A: Diamond Power Infrastructure Ltd focuses on manufacturing and supplying transmission and distribution power products and services across India.

Q: What are the 52-week high and low of Diamond Power Infrastructure Ltd stock?

A: Diamond Power Infrastructure Ltd stock has a 52-week high of ₹185.10 and a 52-week low of ₹86.50.

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