Diamond Power secures Rs 185 Crore conductor order from Adani Energy

Business Updates View source PDF Explain this filing

DIACABS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹225.49

prior close

₹229.50

announcement price

After-mkt

timing

Nifty Microcap 250market-1.1%-0.4% vs market

Other Electrical Equipment peers, median of 50sector-1.1%-0.4% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.4 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.4

10m

-2.5

15m

-2.6

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-1.1-0.4-1.1-0.4

Next day

+8.5-0.5+8.9-1.4+9.9

+19.3-0.1+19.5-1.6+20.9

+19.6-1.3+20.9-2.9+22.5

+21.5-2.0+23.5-3.3+24.8

+30.7-1.6+32.3-3.5+34.2

+42.8-1.5+44.4-4.9+47.7

15d

+58.8+2.9+55.9-1.7+60.4

+60.0+3.4+56.6-3.9+63.9

+66.3+2.5+63.8-7.0+73.3

+53.4-0.1+53.5-11.6+65.0

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Diamond Power Infrastructure has secured a Letter of Award worth Rs 185.16 Crore from Adani Energy Solutions for supplying AL59 aluminium alloy conductors. The order covers 1,050 km of AL59 Moose conductor for the Tuticorin project and 3,770 km of AL59 Zebra conductor for the Pune-III project. Deliveries run from July 2026 to February 2027. Pricing is variable, linked to aluminium LME and USD/INR rates, so the realised value may differ. The order is domestic and on an arm's length basis.

Likely market impact

Positive. Repeat order from a marquee customer boosts FY27 revenue visibility and reflects India's transmission capex growth. Pricing is variable.