coin-img-ETHETH+0.00%coin-img-BTCBTC+0.06%coin-img-SOLSOL+0.14%coin-img-ULTIMAULTIMA-6.60%coin-img-XRPXRP+0.42%coin-img-USDCUSDC+0.00%coin-img-TRXTRX+0.70%coin-img-HYPEHYPE+2.20%coin-img-ETHETH+0.00%coin-img-BTCBTC+0.06%coin-img-SOLSOL+0.14%coin-img-ULTIMAULTIMA-6.60%coin-img-XRPXRP+0.42%coin-img-USDCUSDC+0.00%coin-img-TRXTRX+0.70%coin-img-HYPEHYPE+2.20%coin-img-ETHETH+0.00%coin-img-BTCBTC+0.06%coin-img-SOLSOL+0.14%coin-img-ULTIMAULTIMA-6.60%coin-img-XRPXRP+0.42%coin-img-USDCUSDC+0.00%coin-img-TRXTRX+0.70%coin-img-HYPEHYPE+2.20%coin-img-ETHETH+0.00%coin-img-BTCBTC+0.06%coin-img-SOLSOL+0.14%coin-img-ULTIMAULTIMA-6.60%coin-img-XRPXRP+0.42%coin-img-USDCUSDC+0.00%coin-img-TRXTRX+0.70%coin-img-HYPEHYPE+2.20%
user-avatar
The Economic Times

Diamond Power Infrastructure shares rise 10% after securing Rs 435.71 crore cable order for Hyderabad data centre projects

AI Market Summary
Diamond Power Infrastructure's shares jumped after winning a Rs 435.71 crore HT/LT cable supply order for Hyderabad's 310MW HYD22–HYD26 data center projects, with deliveries spanning Aug 2026–Mar 2027 and pricing linked to IEEMA indices. The news is idiosyncratic and positive for the company and India's data-center capex supply chain, but has limited immediate spillover to broader macro, commodities, or crypto markets.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-0.81%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Diamond Power Infrastructure said it has received an order worth Rs 435.71 crore, excluding GST, to supply high-tension and low-tension power cables for the 310 MW HYD22–HYD26 data centre projects in Hyderabad. The company said deliveries are scheduled from August 2026 through March 2027 and the scope includes more than 21.35 lakh metres of cables. It described the contract as the largest single cable order in India’s data centre segment and said it was won in the ordinary course of business on an arm’s-length basis, with no related-party involvement. The projects are being executed by L&T, Sterling & Wilson and Blue Star.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Stocks

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.