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Diamond Power shares up 2% on project win worth Rs 236cr from Adani Energy

15 Sep , 2025   By : Debdeep Gupta


Diamond Power shares up 2% on project win worth Rs 236cr from Adani Energy

Diamond Power Infrastructure share price gained 2 percent in the opening trade on September 15 following the company won an order worth Rs 236 crore from Adani Energy.


At 09:18am, Diamond Power Infrastructure was quoting at Rs 153.20, up Rs 2.95, or 1.96 percent, on the BSE.


".... has received a letter of intent from Adani Energy Solutions for supply of 5403 KM AL-59 zebra conductor for Jamnagar project worth Rs 2,36,71,39,357," company said in its release.


The said order is to be executed by June 30, 2026.


Last week, the company received a letter of intent from Adani Energy Solutions Limited for Supply of 4,215 KM AL-59 Zebra Conductor for Khavda IV-D Project worth Rs. 184,66,57,855, which is to executed by May 31, 2026.


The 33rd Annual General Meeting (AGM) of the company will be held on Friday, September 26, 2025


The company had posted 15.8 percent jump in its June quarter net profit at Rs 19.17 crore versus Rs 16.56 crore, YoY.


The share touched a 52-week high of Rs 193.58 and a 52-week low of Rs 81.00 on 21 October, 2024 and 04 March, 2025, respectively.


Currently, the stock is trading 20.86 percent below its 52-week high and 89.14 percent above its 52-week low.


The market capitalisation of the company stands at Rs 8,073.20 crore.


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