Diamond Power Infra Jumps 3% on KPI Green Energy Order

Diamond Power Infrastructure shares climbed 2.93% to Rs 140.45 after the company announced it has secured an order worth Rs 93.08 crore from KPI Green Energy for the supply of power cables. The fresh contract has strengthened investor confidence, pushing the stock higher in today’s trade.

The order has been awarded by a domestic entity and will be executed on a "kms rate basis with PV formulae." The project is scheduled for completion by 30 June 2026. This win adds to Diamond Power Infrastructure’s growing order book and supports its revenue visibility over the next fiscal year.

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The company clarified that neither the promoter nor the promoter group has any interest in the awarding entity. It also confirmed that the contract does not fall under related party transactions, ensuring transparency in the deal.

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Diamond Power Infrastructure is engaged in the business of manufacturing transmission & distribution of power products & services in India. The company has delivered strong financial performance in recent quarters. Its consolidated net profit zoomed 693% to Rs 49.72 crore on a 54.2% surge in net sales to Rs 474.08 crore in Q3 FY26 compared with Q3 FY25.

With a strong earnings trajectory and a steady inflow of orders, the latest contract further strengthens Diamond Power Infrastructure’s position in the power transmission and distribution segment.