SYNOPSIS:
Diamond Energy Infrastructure Ltd has secured a ₹184.67 crore order from Adani Power Options for supplying 4,215 km of AL-59 Zebra Conductors.
The shares of the Energy firm, specializing within the manufacturing and sale of energy transmission tools, together with energy cables, transmission towers, and conductors, jumped upto 2 % upon receiving LoI (Letter of Intent) price Rs. 185 crores from Adani Power Options Restricted.
With a market capitalization of Rs. 7,625.27 Crores on Monday, the shares of Diamond Energy Infrastructure Ltd rose by 1.49 % after making a excessive of Rs. 146.35 in comparison with its earlier closing value of Rs. 144.20.
What occurred
Diamond Energy Infrastructure Ltd, engaged within the manufacturing and sale of energy transmission tools, together with energy cables, transmission towers, and conductors, has obtained a Letter of Intent from Adani Power Options Restricted for an order valued at Rs. 184.67 crore.
The order is for the availability of 4,215 kilometers of AL-59 Zebra Conductors for the Khavda IV-D Mission. The character of the contract is on a “kilometer price foundation with PV (value variation) components”, and the execution is scheduled to be accomplished by Might 31, 2026.
Financials & Others
The corporate’s income rose by 34.83 % from Rs. 224 crore to Rs. 302 crore in Q1FY25-26. In the meantime, the Internet revenue rose from Rs. 17 crore to Rs. 20 crore throughout the identical interval.
In Q1 FY26, Diamond Energy Infrastructure Ltd reported product-wise gross sales of ₹165.48 crore from HT cables (55%), ₹98.93 crore from conductors (33%), and ₹37.33 crore from LT cables (12%).
Diamond Energy Infrastructure Ltd. is an built-in producer and options supplier within the energy transmission and distribution (T&D) sector in India. Established in 1992, with a lineage relationship again to 1970, the corporate is famend for its manufacturing of conductors, energy cables (starting from low to ultra-high voltage), transmission towers, and transformers.
DPIL’s product portfolio contains EC-grade aluminum wire rods, AAC/AAAC/ACSR/ACAR conductors, specialty cables, and transmission towers. The corporate’s manufacturers, notably DICABS, are most popular by industries equivalent to energy utilities, refineries, cement vegetation, and engineering sectors.
By 2030, the corporate goals for 50% income development via sturdy home and world demand. It targets 150 developments in approvals and certifications from main customers and businesses. The purpose is to attain a 12% market share throughout all product classes, safe a high 3 place in every, and rank among the many high 3 listed friends by market capitalization.
It serves a variety of shoppers, together with main central authorities companies like NTPC, PowerGrid, SAIL, and Indian Railways, together with a number of state electrical energy boards equivalent to GETCO, GSECL, and MGVCL. It additionally caters to outstanding company shoppers like JSW, AM/NS India, CleanMax, ABB, and Adani Group throughout numerous sectors.
Moreover, the corporate is actively increasing within the renewable power area with clients like Adani Photo voltaic, JSW Power, NTPC, Waaree, ACME, and PowerGrid. These partnerships mirror the corporate’s rising presence in each conventional and clear power infrastructure markets.
Written by Sridhar J
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