Diamond Power Infrastructure has received an order worth Rs 68.17 crore from Power Grid Corporation of India (PGCIL) for supply of Transmission Towers aggregating 10,000 Mt for 400Kv D/C Lara STPS-I to Raigarh(Kotra) pooling station and 400Kv (QUAD) Lara STPS-I to Champa Pooling Station Transmission Line Under Transmission Line System associated with LARA STPS-I (2x800 MW) Generation Project of NTPC.
With healthy order book of Rs 1,968.17 crore the company is all set to continue its good run in this financial year. With the end of September quarter, the company achieved Rs 895 crore of turnover with the net profit of Rs 40.31 crore and there is a substantial increase in EPS by 19% compared to last quarter which is amounting to Rs 7.50 per share.
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.
| Company Name | CMP |
|---|---|
| Polycab India | 8224.50 |
| KEI Industries | 4906.00 |
| RR Kabel Ltd. | 1470.00 |
| Finolex Cables | 950.35 |
| Precision Wire India | 366.35 |
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