Announced Sun, 5 Jul · 22:15 IST
Diamond Power bags Rs 435.71 cr cable order for Hyderabad data centers
Business Updates View source PDF
DIACABS · price
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Price reaction · full curve 14 horizons · vs prior close
+12.4%1-day move
₹199.49
prior close
₹213.00
base price
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AI summary
Diamond Power Infrastructure has won a Rs 435.71 crore order to supply HT and LT power cables for the 310 MW HYD22 to HYD26 data center projects in Hyderabad. The order covers about 21.35 lakh meters of cables from clients L&T, Sterling and Wilson, and Blue Star. Deliveries start early August 2026 and end March 2027. Pricing is linked to the IEEMA PV formula. The company calls it among the largest single cable supply orders in India's data center segment.
Likely market impact
Large domestic order strengthens order book and visibility; supports position in fast-growing data center cable segment. Deliveries from August 2026.