New Delhi, Dec. 5 -- Multibagger small-cap Diamond Power Infrastructure saw its shares rise 5% in Friday's intraday trade on December 05 to Rs.150 apiece, reacting to the company's latest significant order win.

The company on Thursday said it received a letter of intent from Adani Green Energy Limited for the supply of 33KV HV cables totaling 2,126 km and 3.3KV Solar MV cables totaling 3,539 km for the Khavda and Rajasthan projects, worth Rs.748 crore. The order is to be executed within 12 months starting January 2026.

It also clarified that neither the promoter nor the promoter group companies have any interest in the entity that awarded the order and that the order does not fall under related-party transactions.

This is the second ma...