Penny Stock Under Rs 100: Cables & Conductors Company Bags Orders Worth Rs 116.71 crore, Order Book Climbs to Rs 1,554.08 Crore

In the last 12 months, the stock has jumped over 4 per cent while in the last 3 months, the stock is up by 14.71 per cent.

Diamond Power Infrastructure Ltd (DICABS) announced on June 13, 2025, the securing of new orders totalling Rs 116.71 crores. These orders are for projects related to Battery Energy Storage Systems, Smart Metering, and a Highway project. With these new orders, the company's outstanding order book has increased to Rs 1,554.08 crores. The company expects to execute these orders by March 31, 2026.

In the last 12 months, the stock has jumped over 4 per cent while in the last 3 months, the stock is up by 14.71 per cent.

About the Company

Diamond Power Infrastructure Limited (DPIL) is a veteran in India's cables and conductors’ industry, boasting a strong foothold as one of the nation's fastest-growing Fast Moving Electrical Goods (FMEG) companies. With a consolidated turnover of Rs 343 crore, DPIL holds the distinction of being India's largest single-location power cables and conductors manufacturer, operating five Continuous Casting and Rolling (CCV) lines and possessing an installed capacity exceeding 250,000 MTPA for conductors. The company is at the forefront of delivering robust, innovative, and energy-efficient solutions to a diverse clientele.

The shares of the company's ex-traded stock split from a face value of Rs 10 each into 10 equity shares of face value of Re 1 each. The ex-date for the stock split was December 03, 2024. The outstanding order book position of the company stands at Rs 1,100 crore as of the date. The stock gave multibagger returns of 50,000 per cent in 3 years and a whopping 1,57,900 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.