Diamond Cables wins order worth Rs 140 crore

Diamond Cables wins order worth Rs 140 croreDiamond Cables has bagged an order worth Rs 140 crore from the Assam Electricity Board for electrification related work.     

The company has informed that it picked the order of a large power infrastructure project entailing electrification of North Cachar, Demaji and Kamrup districts of Assam.

The scope of work includes survey, re-engineering and laying of power infrastructure in these districts under the aegis of the Assam Electricity Board.     

Shares of Diamond Cables today closed at Rs 189.15 on BSE, up 5% compared to previous close. The scrip has made 52-week-high and low of Rs 372 and Rs 61 respectively.