Power infrastructure company receives order worth Rs 72,51,24,746 from Larsen & Toubro Ltd, Construction

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Power infrastructure company receives order worth Rs 72,51,24,746 from Larsen & Toubro Ltd, Construction

Diamond Power Infrastructure Limited (DPIL), a Vadodara-based provider of power transmission and distribution solutions, has secured a significant domestic order from Larsen & Toubro Limited, Construction. 

On Monday, shares of Diamond Power Infrastructure Limited jumped 3.92 per cent to Rs 141.80 per share from its previous closing of Rs 136.45 per share. The stock’s 52-week high is Rs 185.10 and its 52-week low is Rs 81.

Diamond Power Infrastructure Limited (DPIL), a Vadodara-based provider of power transmission and distribution solutions, has secured a significant domestic order from Larsen & Toubro Limited, Construction, for the supply of power cables. Valued at approximately Rs 72,51,24,746 (exclusive of Taxes), the contract was awarded on a "Kms rate basis with Price Variation (PV) formulae." According to the regulatory disclosure, the execution period for this project is scheduled to run from January 6, 2026, to September 30, 2026, marking a substantial addition to DPIL's current Order Book.

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About the Company

Diamond Power Infrastructure Limited (DPIL), headquartered in Vadodara, Gujarat, was formerly a comprehensive provider of power transmission and distribution (T&D) solutions in India. Operating under the "DIACABS" brand, the company manufactured a range of products, including conductors, cables, and transmission towers, in addition to offering EPC services. DPIL maintained a manufacturing facility in Vadodara and boasted a distribution network that covered 16 Indian states. The company's business primarily revolved around the manufacturing of power products and the provision of related services within the power transmission and distribution sector.

The company has a market cap of over Rs 7,000 crore and working capital requirements have reduced from 34.5 days to 10 days. The stock gave multibagger returns of 74,530 per cent in 3 years and a whopping 1,00,000 per cent in 5 years.

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