Diamond Power Infrastructure Ltd Share Price – NSE  / BSE

Cables, Small Cap

The order entails supplying 110 km of HT cables and 456 km of LT cables. It follows a kilometer-based pricing structure with PV price-variation provisions, allowing for adjustments in line with material cost fluctuations.

Diamond Power Infrastructure is engaged in the business of manufacturing transmission & distribution of power products & services in India. The company's consolidated net profit zoomed 593.3% to Rs 27.73 crore on a 75.1% surge in net sales to Rs 438.33 crore in Q2 FY26 over Q2 FY25.

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Diamond Power Infrastructure has received a letter of intent from Amara Raja Infra, EPC Contractor for supply of HT and LT Cables worth Rs. 75.13 crore.

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Under the LoI, the company will supply 2,126 km of 33 kV high-voltage cables and 3,539 km of 3.3 kV solar medium-voltage cables. The purchase order has been placed on a kilometer-rate basis and includes a price variation formula.

Diamond Power Infrastructure is engaged in the business of manufacturing transmission & distribution of power products & services in India. The company's consolidated net profit zoomed 593.3% to Rs 27.73 crore on a 75.1% surge in net sales to Rs 438.33 crore in Q2 FY26 over Q2 FY25.

Adani Green Energy is India?s largest and one of the leading renewable energy companies in the world, enabling the clean energy transition. It develops, owns, and operates utility-scale grid-connected solar, wind, hybrid, and hydro pumped storage renewable power plants. The company has set a target of achieving 50 GW by 2030, aligned to India?s decarbonization goals. The company reported a 111.2% surge in consolidated net profit to Rs 583 crore despite a 5.3% decline in net sales to Rs 2,824 crore in Q2 FY26 over Q2 FY25.

Shares of Diamond Power Infrastructure rose 0.91% to Rs 144.35, while those of Adani Green Energy slipped 0.10% to Rs 1,012.30 on the BSE.

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The company said the purchase order has been awarded by a domestic entity and will be executed on a kilometre-rate basis with a price variation (PV) formula.

The contract is slated for completion by 23 November 2026.

Diamond Power Infrastructure clarified that none of its promoters, promoter group or group companies have any interest in the awarding entity. The order does not qualify as a related-party transaction.

The mandate adds to the company?s project pipeline in the power transmission segment and underscores continued demand in India?s large-scale renewable and grid expansion projects.

Diamond Power Infrastructure is engaged in the business of manufacturing transmission & distribution of power products & services in India. The company's consolidated net profit zoomed 593.3% to Rs 27.73 crore on a 75.1% surge in net sales to Rs 438.33 crore in Q2 FY26 over Q2 FY25.

Adani Energy Solutions (AESL), part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. The company?s consolidated net profit slipped 20.9% to Rs 533.97 crore in Q2 FY26 as against Rs 674.96 crore in Q2 FY25. Revenue from operations rose 6.7% year-on-year (YoY) to Rs 6,595.83 crore in Q2 FY26.

Shares of Diamond Power Infrastructure rose 0.14% to Rs 141.10, while Adani Energy Solutions slipped 0.62% to Rs 969.55 on the BSE.

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