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Diamond Power trade jubilantly on acquiring strategic stake in Maktel Control

19 Jul 2012 Evaluate

Diamond Power Infrastructure is currently trading at Rs. 102.75, up by 4.20 points or 4.26% from its previous closing of Rs. 98.55 on the BSE.

The scrip opened at Rs. 101.05 and has touched a high and low of Rs. 104.00 and Rs. 101.00 respectively. So far 8344 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.00 on 20-Jul-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. 101.10 and Rs. 95.00 respectively. The current market cap of the company is Rs. 383.23 crore.

The promoters holding in the company stood at 40.20% while Institutions and Non-Institutions held 16.41% and 43.39% respectively

. Diamond Power Infrastructure, India’s leading transmission and distribution equipment manufacturer and services provider has acquired strategic stake in India’s leading power and control panel manufacturer -- Maktel Control and Systems.

Maktel Control, a leading OEM for power and control panels upto 400kv, manufactures relay control panel up to 400 kv for Feeder, transformer and capacitor bank protection.

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

149.55 1.40 (0.94%)
17-Apr-2026 16:59 View Price Chart
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