Shares of Diamond Energy Infrastructure Ltd soared 6% on 15 September after the corporate acquired an order for Rs 236 crore from Adani Power.
In its regulatory submitting, the corporate stated, “Diamond Energy Infrastructure Ltd has acquired a letter of intent from Adani Power Options for provide of 5403 KM AL-59 zebra conductor for Jamnagar venture value Rs 2,36,71,39,357.” The venture is to be carried out by 30 June 2026.
Earlier final week, the corporate received a letter of intent from Adani Power Options Restricted for the provision of 4,215 KM AL-59 Zebra Conductor for the Khavda IV-D Undertaking valued at Rs. 184,66,57,855, to be accomplished by 31 Could 2026.
Moreover, the corporate’s thirty third Annual Common Assembly (AGM) is scheduled for Friday, 26 September 2025.
The corporate’s web revenue elevated by 15.8% within the June quarter to Rs 19.17 crore from Rs 16.56 crore within the earlier yr.
At 2:55 pm, the shares of Diamond Energy had been buying and selling 5.04% increased at Rs 158.06 on NSE.
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