MoneyWorks4Me

Diamond Power Infrastructure has received an order worth $6.50 million from the Power Grid Corporation of India for ACSR Lapwing Conductors in International Competitive Bidding, for 800 kV HVDC Bipole Biswanath- Chariyali- Agra Transmission Line.

With the end of June quarter the company achieved 805 crores of turnover with the net profit of Rs 36.46 crores and there is a substantial increase in EPS by 50% compared to last quarter which is amounting to Rs 6.75 per shares.

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.

Peers
Company Name CMP
Polycab India 8439.00
KEI Industries 4718.00
RR Kabel Ltd. 2470.00
Finolex Cables 1455.50
Precision Wire India 498.60
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