Diamond Power to add new 132 kV CCV cable line, invests Rs 25 cr

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DIACABS · price

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

-4.5%Reaction day

₹341.45

prior close

₹333.00

announcement price

In-mkt

timing

Nifty Microcap 250market-1.0%-3.5% vs market

Other Electrical Equipment peers, median of 50sector-1.7%-2.8% vs sector

On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 2.8 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

+0.4

10m

+0.0

15m

-0.3

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.5-1.0-3.5-1.7-2.8

Next day

-5.1-3.3-1.8-4.4-0.7

-4.8-2.9-1.9-4.3-0.5

-1.9-1.3-0.6-2.3+0.4

-5.1pendingpending-2.2-2.9

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15d

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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

DICABS will add a new CCV line at its Vadodara plant to make XLPE power cables up to 132 kV. Investment of Rs 25 crore from internal accruals. Currently has 6 CCV lines and about 2,000 km per year EHV capacity at 60 percent utilisation. Machinery delivery by August 2027, commissioning by December 31, 2027. Move aims to meet rising demand from state utilities, transmission developers, renewable energy parks, and data centers.

Likely market impact

Capacity expansion signals demand growth; self-funded so no dilution risk. Positive long-term but commissioning over a year away.