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Diamond Power soars on reporting 29% rise in Q2 consolidated net profit

13 Oct 2014 Evaluate

Diamond Power Infrastructure is currently trading at Rs. 123.75, up by 8.00 points or 6.91% from its previous closing of Rs. 115.75 on the BSE.

The scrip opened at Rs. 122.55 and has touched a high and low of Rs. 128.00 and Rs. 122.05 respectively. So far 55,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 139.20 on 16-Sep-2014 and a 52 week low of Rs. 40.00 on 05-Mar-2014.

Last one week high and low of the scrip stood at Rs. 128.00 and Rs. 114.05 respectively. The current market cap of the company is Rs. 666.00 crore.

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

On the consolidated basis, the company’s net profit surged 29.23% to Rs 40.32 crore for the Q2 FY15 as compared to Rs 31.20 crore in Q2 FY14. Moreover, the total income from operation gained around 34.51% to Rs 895.58 crore in the quarter under review as compared to Rs 665.79 crore in the corresponding quarter previous year.

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
Peers
Company Name CMP
Polycab India 8041.30
KEI Industries 4813.65
RR Kabel Ltd. 1443.10
Finolex Cables 973.05
Precision Wire India 390.05
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