Shares of Diamond Power Infrastructure Ltd surged more than 5% in Thursday’s trading session, hitting a fresh 52-week high as investor interest remained strong in the cable and power infrastructure company.
The stock climbed to an intraday high of ₹187.05, compared to its previous close of ₹174.54 on the NSE. The rally also pushed the company’s market capitalisation above the significant ₹9,000 crore mark, reaching ₹9,188 crore.
The stock opened at ₹175.30 and touched an intraday low of ₹174.51 before witnessing strong buying momentum during the session. Trading activity remained robust, with over 87.36 lakh shares changing hands on the exchanges.
Notably, Diamond Power shares have now doubled from their 52-week low of ₹91.55, reflecting a sharp recovery and sustained bullish sentiment among investors. The latest rally also helped the stock hit a new 52-week high of ₹187.05.
Diamond Power Share Price Performance
- Previous Close: ₹174.54
- Open Price: ₹175.30
- Day’s Low: ₹174.51
- Day’s High: ₹187.05
- 52-Week Low: ₹91.55
- 52-Week High: ₹187.05
- Market Capitalisation: ₹9,188 crore
- Volume: 87.36 lakh shares
Market participants are closely tracking the stock amid rising momentum in the power and infrastructure sector, supported by increasing government focus on transmission, distribution and energy projects across India.