Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere

Diamond Power Infrastructure gains 6% after securing L&T contract worth Rs. 72.51 Cr

News by Aliceblue News Desk

05 Jan 2026

Diamond Power Infrastructure gains 6% after securing L&T contract worth Rs. 72.51 Cr

Introduction

Leading infrastructure company received a domestic order from a major construction firm for supply of power cables worth ₹72.51 crore, scheduled for execution between January and September 2026.

Alice Blue Image

Also Read: Coal India shares gain 7% after allowing foreign buyers to participate in e-auctions, here’s country list

Share price movement of Diamond Power

On January 5, 2026, Diamond Power Infrastructure Ltd opened at ₹137.45, up 0.73% from its previous close of ₹136.45. The stock reached a high of ₹144.00 (5.44%) and a low of ₹136.85 (0.29%). By 3:08 PM, it traded at ₹143.60, a 5.24% increase, with a market cap of ₹7,567.30 crore.

Diamond Power Infrastructure secures major power cable order

Diamond Power Infrastructure Limited received a letter of intent from Larsen & Toubro Limited, Construction, for the supply of power cables worth ₹72.51 crore, exclusive of GST.

The order will be executed between January 6, 2026, and September 30, 2026, on a kilometre rate basis with PV formulae, and is awarded by a domestic entity.

The promoters or promoter group have no interest in Larsen & Toubro, and the contract is not a related party transaction, covering standard commercial terms and execution conditions.

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

Diamond Power Infrastructure Ltd delivered a -0.90% return over the past week, it declined by 11.5% in the past six months. The stock fell 9.11% over the past year.

Alice Blue Image

Also Read: Remsons Industries surges 5% after bagging ₹60 Cr work order for gear shifter

Shareholding pattern of Diamond Power

ParticularsSep 2025Jun 2025Mar 2025
Promoter84.00%84.00%90.00%
FII1.40%1%0.00%
DII0.10%0%0.00%
Public15%14.60%10.00%

About Diamond Power

Diamond Power Infrastructure Ltd (NSE: DIACABS) manufactures transmission and distribution power products, providing services across India, and is engaged in developing, supplying, and maintaining electrical infrastructure for industrial and commercial applications.

Stay Ahead with the Latest Stock Market Updates – Click Here

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 going up today?

A: Diamond Power Infrastructure Ltd share price rose after the company received a domestic order from Larsen & Toubro for power cables.

Q: What does Diamond Power Infrastructure Ltd specialize in?

A: Diamond Power Infrastructure Ltd specializes in manufacturing transmission and distribution power products and providing related services across India.

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

A: Diamond Power Infrastructure Ltd stock recorded a 52-week high of ₹185.10 and a 52-week low of ₹81.00.

author

News Author

Aliceblue News Desk

Take Your First Step Into The Market With₹0 Opening Charges

Open Free Demat Account
Alice Blue app on two phones