Diamond Power Infrastructure (DPI) caught investors’ attention after receiving a ₹66.18 crore letter of intent to supply power cables.
New ₹66 Crore Cable Order
Diamond Power Infrastructure announced a letter of intent worth ₹66.18 crore from Hild Projects Pvt. Ltd, an EPC contractor. The deal is for supplying power cables on a kilometre‑rate basis, starting 1 January 2026 and ending 30 June 2026. GST is excluded from the amount.
Recent Order‑Book Highlights
December saw several sizable intents:
- ₹55.54 crore from Bondada Engineering (17 Dec)
- ₹57.58 crore from Rajesh Power Services (16 Dec)
- ₹75.13 crore order update from Amara Raja Infra (11 Dec)
- ₹747.64 crore intent from Adani Green Energy for projects in Khavda and Rajasthan
Share Price Snapshot
After a modest dip, DPI shares closed at ₹139.95 on Friday, down 0.74% from the previous close of ₹141. Since its 2023 listing, the stock has delivered over 5,100% total returns, though it is down 9.22% YTD and 1.53% over the past month.
Why It Matters for Investors
The new order adds to a strong pipeline and could support earnings growth, making DPI an interesting small‑cap play. However, the recent price decline and broader market volatility mean investors should weigh the risks and consider their own research.
Remember, this is perspective, not a prediction. Do your own research or consult a qualified advisor before making any investment decisions.