Back-to-Back Order Wins: Diamond Power Secures Orders Worth Rs 88,00,00,000 from Adani Entities; Stock Up Around 50% in a Year

Diamond Power Infrastructure Ltd has secured new business from companies within the Adani Group, strengthening its Order Book.

The company announced on April 15, 2026, that it has received a letter of intent from Adani Electricity Mumbai Limited for the supply of cables worth Rs 45.47 crore, inclusive of GST. The order pertains to the supply of power cables.

This development follows an earlier order received on April 09, 2026, from Adani Power. The contract, valued at Rs 43.26 crore inclusive of GST, involves design, engineering, manufacturing, inspection and testing at the manufacturer’s works, along with packing, forwarding, transit insurance, transportation, and supply of various sizes of power and control cables.

With these back-to-back orders, Diamond Power Infrastructure has added Rs 88.73 crore to its order pipeline within a span of less than a week, reflecting continued demand for its cable solutions in large-scale power infrastructure projects.

About Diamond Power Infrastructure Ltd

Diamond Power Infrastructure Ltd is engaged in the manufacturing and supply of power cables and conductors used in transmission and distribution networks. The company’s product portfolio includes low, medium, and high voltage power cables, catering to utilities, infrastructure projects, and industrial customers.

Diamond Power Infrastructure Ltd Share Price Performance

Following the announcements, Diamond Power Infrastructure Ltd’s share price gained 2.47 per cent today. The share closed at Rs 141.27, a gain of Rs 3.40 from its previous close of Rs 137.87. The share made a high of Rs 142.90 and a low of Rs 139.57 today.

On a year-to-date basis, the stock has delivered a mere 1.88 per cent, and in the last year it has delivered a return of 48.36 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.