Diamond Power Infrastructure is currently trading at Rs. 27.05, up by 3.45 points or 14.62% from its previous closing of Rs. 23.60 on the BSE.
The scrip opened at Rs. 26.05 and has touched a high and low of Rs. 27.95 and Rs. 26.05 respectively. So far 2,93,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.40 on 15-Apr-2015 and a 52 week low of Rs. 22.05 on 29-Mar-2016.
Last one week high and low of the scrip stood at Rs. 27.95 and Rs. 23.30 respectively. The current market cap of the company is Rs. 154.19 crore.
The promoters holding in the company stood at 32.89% while Institutions and Non-Institutions held 13.90% and 53.21% respectively.
Kotak Mahindra Bank’s subsidiary - Kotak Mahindra (International) (KMIL), a Foreign Portfolio Investor (FPI) has acquired 38,68,606 equity shares at Rs 23.65 each, aggregating to Rs 9.16 crore being 6.8% of the paid-up capital of Diamond Power Infrastructure.
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.
