Diamond Power Infrastructure shares surged 4% to ₹210 after announcing a ₹2,000 crore QIP plan to comply with MPS norms. The stock's remarkable rally since April has resulted in an 86% increase, bolstered by significant order wins and a strong order book of over ₹3,500 crore.
Diamond Power Infrastructure shares gained 4% to ₹210 following the board's approval for a ₹2,000 crore Qualified Institutional Placement (QIP). This move aims to comply with Minimum Public Shareholding (MPS) norms and capitalize on an order book exceeding ₹3,500 crore, driving…
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