Mumbai, Sept. 26 -- The order specifies XLPE AB Cable of 3CX70 sq mm + 1CX50 sq mm + 1CX16 sq mm, supplied in 500-meter drums.

The contract value is Rs 9.80 crore. The execution will involve monthly inspections and deliveries as per a mutually agreed verbal schedule.

The contract was awarded by a domestic entity, and there is no promoter, promoter group, or group company interest in the awarding party. The transaction does not qualify as a related party transaction.

The scrip was listed at Rs 160, a premium of 5.26% over the initial public offer (IPO) price.

JD Cables is engaged in the manufacturing of cables and conductors, including power cables, control cables, aerial bunched cables, single-core service wires, and conductors such a...