Diamond Power Infrastructure is currently trading at Rs 111.85, up by 5.90 points or 5.57% from its previous closing of Rs 105.95 on the BSE.
The scrip opened at Rs 107.00 and has touched a high and low of Rs 113.95 and Rs 106.70 respectively. So far 25171 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 199.70 on 13-Jan-2011 and a 52 week low of Rs 74.10 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs 113.95 and Rs 88.10 respectively. The current market cap of the company is Rs 401.83 crore.
The promoters holding in the company stood at 40.20% while Institutions and Non-Institutions held 17.57% and 42.23% respectively.
Diamond Power Infrastructure has bagged order worth Rs 48.30 crore for 108 Power Transformers from various customers. The receipt order is very significant for the company as it proposed to enter this segment of Transformers in 2007 with a proposed investment in Apex Electricals. The company has augmented itself to manufacture power transformers up to 315 MVA and 220KV.
The company has also manufactured Power Transformers of most of the common used rating and got them type tested in Central Power Research Institute Bangalore and Bhopal (CPRI).
Diamond Power Infrastructure is engaged in the manufacture of various types of aluminium conductors, low-tension (LT) and high-tension (HT) power cables, transmission towers and transformers (through its subsidiaries). This makes the company one of the largest integrated power transmission and distribution (T&D) equipment manufacturers and service providers.
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