Diamond Power Infrastructure (DIACABS) — Announcement

📢 Key Event
DIACABS receives ₹52.86 crore LOI for data centre cable supply

🔄 What Changed
New order book entry exceeding ₹575 crore in data centre segment

🔮 What's Next
Targeting data centre segment aggressively

💡 Investor Takeaway
This order validates Diamond Power's copper capability investment and positions it as a key supplier for India's growing data centre infrastructure.

Diamond Power Infrastructure announced it received a Letter of Intent from Aurionpro Solutions for electrical cable supply to a Hyderabad hyperscale data centre, valued at ₹52.86 crore including GST. The order covers approximately 130 km of cables, with over 116 km being 1100 V XLPE-insulated copper conductor cable, marking the company's entry into copper-based cables for data centres. Management highlighted this as validation of its copper capability investment and a step toward becoming a reference supplier for India's data centre build-out, with an existing order book exceeding ₹575 crore in this segment.

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About Diamond Power Infrastructure Limited (DIACABS)

Capital Goods · Cables · Listed on NSE

Market Cap: ₹17,927.56 Cr P/E: 91.2 ROE: -21.9% ROCE: -58.8%

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🔥 Also filed on 22 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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