Archive · 13 Sep 2025

Diamond Power Aims for ₹10,000 Crore Revenue, Backed by Adani Ties

Diamond Power Aims for ₹10,000 Crore Revenue, Backed by Adani Ties

Imagine a small cable company called Dicabs that was struggling.

Then, a new company bought it and turned things around.

They now aim to make a lot more money by 2030.

This company is linked to a big group called Adani, as the owner's sister is married to a key person in the Adani Group.

Because of this connection, they've gotten many orders from Adani.

Dicabs plans to grow by making and selling more cables, and also by expanding to other countries.

The stock price has gone up a lot, but the main owners still own most of the company's shares.

Sources