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DIACABS — Diamond Power Infrastructure News Story

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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))

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