MoneyWorks4Me

Clearwater Capital Partners sells 3 lakh shares of Diamond Power Infrastructure

21 Dec 2015 Evaluate

Clearwater Capital Partners Singapore Fund III has sold 3 lakh shares of Diamond Power Infrastructure through the open market route. The shares were sold on an average price of Rs 42.68 valuing the transaction to Rs 1.28 crore.

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 8450.00
KEI Industries 4745.45
RR Kabel Ltd. 2470.00
Finolex Cables 1452.95
Precision Wire India 502.75
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