Bengaluru, Dec. 17 -- The shares of this cable stock is engaged in manufacturing conductors, cables and transmission towers, jumps upon receiving work orders from Bondada Engineering and Rajesh Power Services.

With the market capitalisation of Rs. 7,378 Crores, the shares of Diamond Power Infrastructure is trading at around Rs. 140 per equity, which is 23 percent less from its 52-week high of Rs. 183 per share

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Diamond power has recently received a work order worth Rs. 57.58 Crores from Rajesh Power Services Limited for the supply of power cable, which includes 11 KV XLPE aluminium armoured cables, manufactured as per UGVCL Robust 2.0 specifications. These cables are used in electricity distribution networks, which are...