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Diamond Power Infrastructure jumps 3.5% on ₹45.5 Cr Adani Electricity order win

News by Aliceblue News Desk

15 Apr 2026

Diamond Power Infrastructure jumps 3.5% on ₹45.5 Cr Adani Electricity order win

Introduction

Leading power infrastructure company receives letter of intent from Adani Electricity Mumbai for cable supply contract worth Rs 45.47 crore scheduled for execution period.

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Share price movement of Diamond Power

On April 15, 2026, Diamond Power Infrastructure Ltd opened at ₹141.00, up 2.76% from its previous close of ₹137.90. The stock reached a high of ₹142.70 (3.50%) and a low of ₹139.40 (1.82%). By 16:01, it traded at ₹141.70, a 2.76% increase, with a market cap of ₹7,467.18 crore.

Diamond Power Secures Cable Order

Diamond Power Infrastructure Limited received a letter of intent from Adani Electricity Mumbai Limited for supply of cables worth Rs 45,47,45,592 including GST under a domestic contract arrangement.

The contract involves supply of cables and will be executed from May 2026 to May 2027. The company confirmed no promoter interest and stated it is not a related party transaction.

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

Diamond Power Infrastructure Ltd delivered a 1-week return of 3.12%, a 6-month return of -2.64%, and a 1-year return of 45.6%.

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Shareholding pattern of Diamond Power

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

Diamond Power Infrastructure Ltd (NSE: DIACABS) manufactures transmission and distribution power products, including cables, conductors, towers, and EPC services across India under DIACABS brand.

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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 rises after receiving LOI from Adani Electricity Mumbai for cable supply contract worth Rs 45.47 crore.

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

A: Diamond Power Infrastructure Ltd manufactures transmission and distribution products including cables, conductors, towers, and EPC 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 52-week high of ₹185.10 and 52-week low of ₹86.50.

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