India, June 13 -- The shares of this manufacturer of Transmission & Distribution of power products and services recovered by almost 5 percent on Friday after the company announced that it had secured an order worth Rs 117 crore.

With a market capitalization of Rs 5,328 crores, the shares of Diamond Power Infrastructure Ltd are currently trading at Rs 101 per share, representing a 48 percent decline from its 52-week high of Rs 193.58 per share. Over the last six months, the stock has corrected by over 38 percent.

On Friday, the company, through a stock exchange filing, announced that the company has secured an order worth Rs 116.71 crore. The project is awarded related to Battery Energy Storage Systems, Smart metering, and the Highway p...