Diamond Power Infrastructure secures ₹748 Cr Adani order to supply solar cablesDiamond Power Infrastructure secures ₹748 Cr Adani order to supply solar cables

Introduction

Leading power infrastructure company received a Rs. 747.64 crore domestic order from Adani Green Energy for supply of 33KV HV and 3.3KV Solar MV cables, to be executed in 2026.

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Share price movement of Diamond Power Infrastructure

On December 5, 2025, Diamond Power Infrastructure Ltd opened at ₹148.75, up 4.0% from its previous close of ₹143.05. The stock reached a high of ₹150.10 (4.93%) and a low of ₹142.10 (-0.66%). By 11:41 AM, it traded at ₹144.20, a 0.80% increase, with a market cap of ₹7,598.92 crore.

Diamond Power Secures Rs. 747 Crore Order

Diamond Power Infrastructure Limited has received a letter of intent from Adani Green Energy Limited. The order is for supply of 33KV HV Cables and 3.3KV Solar MV Cables for Khavda and Rajasthan projects.

The contract covers 2,126 kms of HV cables and 3,539 kms of MV solar cables. The order value is Rs. 747.64 crore, exclusive of GST. Execution is scheduled from January to December 2026.

The order is domestic, awarded on a “kms rate basis with PV formulae.” Promoters and group companies have no interest in Adani Green Energy. The order is not a related party transaction.

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

Diamond Power Infrastructure Ltd delivered a -4.60% return over the past week, gained 41.4% in the past six months, and posted a -15.7% return over the past year.

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Shareholding pattern of Diamond Power Infrastructure

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	84.00%	84.00%	90%
FII	1%	1.40%	0.00%
DII	0.10%	0.00%	0%
Public	14.50%	14.60%	10.00%

About Diamond Power Infrastructure

Diamond Power Infrastructure Ltd (NSE: DIACABS), based in Vadodara, Gujarat, manufactures and supplies power transmission and distribution products, including conductors, cables, and towers, offering EPC services across 16 Indian states under the 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.

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