Diamond Power Infrastructure Ltd (DIACABS) — Announcement | 15 September 2026

15 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Company awarded ₹179.43 crore order for specialised MV cables

🔄 What Changed

New award of ₹179.43 crore order

🔮 What's Next

Deliveries to commence upon manufacturing clearance at ~50 km per month

💡 Investor Takeaway

This repeat award validates Diamond Power's technical leadership in critical Mumbai infrastructure projects.

Diamond Power Infrastructure announced it received a Letter of Award from Adani Electricity Mumbai Limited for ₹179.43 crore of specialised MV cables to support Mumbai's monsoon-prone underground network. The contract covers 871 km of water-tree retardant TR-XLPE cables with advanced moisture barriers, marking the third consecutive year the company won this award based on technical capability rather than price. This reinforces its leadership in high-specification power cable manufacturing for India's most demanding urban utilities.

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About Diamond Power Infrastructure Ltd (DIACABS)

Capital Goods · Cables · Listed on BSE

Market Cap: ₹18,662.68 CrP/E: 95.0ROE: -31.9%ROCE: 12.8%

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"How does this order impact Diamond Power's revenue visibility for FY27?""What is the expected margin profile on this specialised cable contract?""How does this award compare to peers' recent utility cable wins?"

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📊 More DIACABS filings

Announcement — 28 September 2026Diamond Power Infrastructure Limited announced that its trading window will close on October 1, 2026...
🟡 Voting Results — 28 September 2026Diamond Power Infrastructure Limited announced voting results for its 34th Annual General Meeting he...
🟡 Board Meeting — 25 September 2026Diamond Power Infrastructure held its 34th AGM on September 25, 2026 via video conference, adopting ...
🔴 Announcement — 21 September 2026Diamond Power Infrastructure announced it received orders worth ₹116.49 crore for 11 kV power cables...
🔴 Announcement — 17 September 2026Diamond Power Infrastructure announced it received a ₹263.25 crore order from a domestic EPC contrac...

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

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