Archive · 5 Dec 2025

Diamond Power Infrastructure Shares Rise 5% on ₹748 Crore Order

Diamond Power Infrastructure Shares Rise 5% on ₹748 Crore Order

Diamond Power Infrastructure, a company that makes power cables, got a big order worth ₹748 crore from Adani Green Energy.

This order is for special cables needed for big projects in Khavda and Rajasthan.

The company will make and deliver these cables over the next year.

This news made the company's shares go up by 5% on December 5.

It's the second big order they've gotten in less than a month.

The company makes all kinds of power cables used in electricity and industry.

Their shares have done really well over the last two years, going up by 1,220%, but they've gone down a bit recently.

Sources