Hot Pursuit     24-Mar-25
Diamond Power Infra hits the roof after bagging LoI from Adani Green for Rs 215 crore project
Diamond Power Infrastructure was locked in 5% upper circuit at Rs 99.09 after the company announced that it has received a letter of intent (LoI) from Adani Green Energy for a project worth Rs 214.65 crore.

The contract is for supplying Conductors for Adani Green’s Khavda Power Project, which is located in the state of Gujarat.

Diamond Power Infrastructure (DPIL) is one of the oldest cables and conductors manufacturers in India and one of the fastest growing FMEG companies. DPIL was acquired through the NCLT process by GSEC-Monarch Group.

The company had reported a net profit of Rs 6.42 crore in the quarter ended December 2024 as against net loss of Rs 5.28 crore during the previous quarter ended December 2023. Sales rose 412.71% to Rs 307.42 crore in Q3 FY25 from Rs 59.96 crore in Q3 FY24.

Previous News
  Diamond Power Infrastructure reports standalone net profit of Rs 14.42 crore in the March 2024 quarter
 ( Results - Announcements 28-May-24   07:38 )
  Diamond Power Infrastructure receives LoI from Adani Electricity Mumbai
 ( Corporate News - 30-Apr-25   14:05 )
  Diamond Power Infrastructure receives LoI worth Rs 55.54 cr
 ( Corporate News - 17-Dec-25   11:30 )
  Diamond Power Infra bags Rs 58-cr cable supply order from Rajesh Power Services
 ( Hot Pursuit - 17-Dec-25   10:00 )
  Diamond Power Infra gains after securing Rs 237-cr order from Adani Energy Solutions
 ( Hot Pursuit - 15-Sep-25   10:29 )
  Diamond Power Infrastructure director resigns
 ( Corporate News - 21-Jun-18   15:50 )
  Diamond Power Infra gains on re-commissioning EHV lab with NABL Accreditation
 ( Hot Pursuit - 27-Jun-25   12:06 )
  Diamond Power Infrastructure's director resigns
 ( Corporate News - 01-Jun-11   10:52 )
  Diamond Power Infrastructure to hold board meeting
 ( Corporate News - 31-Oct-15   10:02 )
  Diamond Power Infrastructure to hold board meeting
 ( Corporate News - 28-May-15   09:44 )
  Diamond Power jumps after Kotak Mahindra Bank buys stake
 ( Hot Pursuit - 07-Apr-16   09:48 )
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