Shares of Diamond Power Infrastructure jumped 4% to hit a 52-week high after the company bagged a receipt of a Letter of Intent (LoI) for a significant order from Reverence Infrastructure India LLP. The Rs 99.94 crore contract is for the supply of power cables under the RDSS Scheme.
Diamond Power Infrastructure shares opened at ₹1,798.00, reaching a high of ₹1,898.50 and a low of ₹1,740.00 during the trading session. The stock’s 52-week high stands at ₹1,898.50, matching the day’s peak, while the 52-week low is ₹61.45. Investors are closely watching the stock’s performance, as it remains near its highest point in the past year.
As of 11:51 am, Diamond Power Infrastructure shares were trading 2.32% higher at Rs 1,860.00 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
