Market Performance
The stock market today opened with steady cues, and one name that quietly drew attention was Diamond Power Infrastructure.
In early trade on December 29, the Diamond Power Infrastructure share price moved higher after the company disclosed a new business update.
By 09:19 am, the stock was trading at Rs 141.70 on the BSE, up Rs 1.75, marking a 1.25% gain from the previous close. The move came soon after the market digested the company’s latest order win, which added a positive undertone to the morning session.
In the previous session, the stock ended at Rs 139.95, slipping Rs 1.05 or 0.74%, which made today’s rise look more like a reaction to fresh company news than a move driven by the wider market.
Main News: Fresh Power Cable Supply Order
The rise in the Diamond Power Infrastructure share price followed an announcement that the company has secured a new power cables supply order worth Rs 66.18 crore.
As stated in the company’s official disclosure, Diamond Power Infrastructure has been issued a Letter of Intent by Hild Projects, which is serving as the EPC contractor for the project.
Key details of the order include:
- Order value: Rs 66,18,25,690
- Value excludes: GST
- Nature of work: Supply of power cables
- Pricing structure: Awarded on Kms rate basis with PV formulae
- Execution period: From January 1, 2026 to June 30, 2026
The structured execution timeline gives the market clarity on delivery schedules, which often helps investors better understand revenue visibility without getting into forward projections
Company Details: Order Flow in Focus
This latest contract is not a standalone development. Over the course of this month, Diamond Power Infrastructure has seen a steady flow of similar orders, keeping the company in the market spotlight.
Earlier in December, the company had announced:
- A Letter of Intent worth Rs 55,54,00,000 from Bondada Engineering for power cable supply
- Another LoI worth Rs 57,58,40,000 from Rajesh Power Services for supplying cables
Together, these updates signal continued traction in the power cables segment, which remains closely linked to infrastructure and EPC activity.
Stock’s Broader Trading Range
From a longer-term perspective, the Diamond Power Infrastructure share price remains within a wide trading band over the past year.
- 52-week high: Rs 185.10 (July 17, 2025)
- 52-week low: Rs 81.00 (March 04, 2025)
At current levels, the stock is:
- 24.39% below its 52-week high
- 72.78% above its 52-week low
These numbers underline how sharply the stock has rebounded from its lower levels, even as it trades well off its peak.
Market Capitalisation Snapshot
As of the latest session, Diamond Power Infrastructure carries a market capitalisation of Rs 7,374.96 crore, placing it firmly on the radar of mid-cap watchers tracking infrastructure-linked companies in the stock market today.
Summary
To sum it up, the Diamond Power Infrastructure share price gained ground in early trade after the company announced a Rs 66.18 crore power cable supply order from Hild Projects. The defined execution timeline and pricing structure added confidence, while recent order wins through the month have kept sentiment constructive.
In a stock market today driven by selective stock-specific triggers, Diamond Power Infrastructure stood out not on hype, but on steady business updates that nudged the stock higher.
Source: Moneycontrol
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