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India's Diamond Power Infrastructure rises on 1.16 billion rupee order win

Shares of India's Diamond Power Infrastructure rose as much as 3.3% to 379 rupees after the power transmission equipment manufacturer won an order worth 1.16 billion rupees ($12.11 million) for the supply of 11-kilovolt underground power cables for electricity distribution projects in Gujarat state. The cables will be manufactured at its Vadodara plant and supplied for urban underground distribution projects in the Bhavnagar and Ahmedabad regions.

DIAC.NS

11 million). The order is for supply of 11-kilovolt underground power cables for electricity distribution projects in Gujarat state, the company said. Diamond Power said the cables will be manufactured at its Vadodara plant and supplied for urban underground distribution projects in the Bhavnagar and Ahmedabad regions. 56% YTD.

7900 Indian rupees)