India's Diamond Power Infrastructure rises on 1.16 billion-rupee order win
BUZZ-India's Diamond Power Infrastructure rises on 1.16 billion-rupee order win ** Shares of India's Diamond Power Infrastructure DIAC.NS rise as much as 3.3% to 379 rupees; stock last up 2.8%
** Power transmission equipment manufacturer wins order worth 1.16 billion rupees ($12.11 million)
** Order for supply of 11-kilovolt underground power cables for electricity distribution projects in Gujarat state
** Co says cables will be manufactured at its Vadodara plant** Cables to be supplied for urban underground distribution projects in the Bhavnagar and Ahmedabad regions, co says
** Stock up 168.56% YTD
($1 = 95.7900 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
Recent news on Diamond Power Infrastructure
See all newsBrief: Diamond Power Infrastructure Ltd To Add A New Catenary Continuous Vulcanisation Line For Cables Up To 132 KV
Brief: Diamond Power Infrastructure Appoints Kundip S. Thakker As CFO
India's Diamond Power Infrastructure rises on 1.16 billion-rupee order win
Brief: Diamond Power Infrastructure Secures 1.16 Billion Rupees 11 KV Power Cable Orders
India's Diamond Power jumps after early exit from insolvency process