Shares of Arfin India traded nearly 2% higher on Wednesday, December 31, after the company announced a large order win from Diamond Power Infrastructure for the supply of aluminium sector conductors.
The stock gained as investors reacted to the ₹321 crore order, which strengthens revenue visibility and underscores repeat business from a key domestic client.
Key details of the order
Arfin India has secured an order for the supply of 11,000 metric tonnes (MT) of conductors to Diamond Power Infrastructure. The execution of the order will span 11 months, beginning in January 2026 and concluding in November 2026.
Under the contract, the company is expected to supply around 1,000 MT per month, translating into an estimated monthly revenue of approximately ₹29.20 crore, excluding GST.
Continuation of existing business relationship
This order follows an earlier agreement under which Arfin India had supplied 1,000 MT of conductors worth ₹29.20 crore to the same client. The latest contract highlights continued repeat business and reflects Diamond Power Infrastructure’s confidence in Arfin India’s execution capabilities.
Why the stock is in focus
The order provides strong revenue visibility over the next financial year and reinforces Arfin India’s position in the aluminium conductor segment. Market participants see the deal as a positive development, given the steady monthly execution schedule and the strengthening of long-term client relationships.
With the fresh order in hand, Arfin India shares attracted buying interest in today’s session as investors factored in improved order book strength and business momentum.
