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Diamond Power gains on getting NABL accreditation for its Testing facility

Diamond Power Infrastructure Ltd. | Cable | Capital Goods & Industrial Consumables | BSE: 522163 | NSE: DIACABS

01 Aug 2014 Evaluate

Diamond Power Infrastructure is currently trading at Rs. 115.60, up by 0.40 points or 0.35% from its previous closing of Rs. 115.20 on the BSE.

The scrip opened at Rs. 113.50 and has touched a high and low of Rs. 116.60 and Rs. 111.50 respectively. So far 15157 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 130.90 on 03-Jul-2014 and a 52 week low of Rs. 28.99 on 22-Aug-2013.

Last one week high and low of the scrip stood at Rs. 117.00 and Rs. 107.55 respectively. The current market cap of the company is Rs. 610.21 crore.

The promoters holding in the company stood at 31.38 % while Institutions and Non-Institutions held 16.33 % and 52.29 % respectively.

Diamond Power’s Ultra High Voltage Testing laboratory has received accreditation from the National Accreditation Board for Testing & calibration Laboratories (NABL), the National Board for Accrediting labs and testing labs in India to carry out tests for its products.

With this accreditation, the company will be able to provide better quality products to its customers and will be able to reduce its working capital cycle by having its own in-house testing centre by avoiding the waiting times in labs.

Diamond Power Infrastructure is engaged in five business verticals--cables (low, high and extra high voltage), conductors, transformers, towers and various EPC projects-- where it undertakes planning, designing and commissioning of turnkey transmission and distribution projects.

Diamond Power Infra Share Price

162.05 1.95 (1.22%)

24-Apr-2026 16:59 View Price Chart

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Diamond Power gains on getting NABL accreditation for its Testing facility

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