Diamond Cables receives orders for 25,000 KMS of Alloy Distribution Conductors

Diamond Cables Ltd has announce the receipt of Orders aggregating to 25,000 kms of Aluminum Alloy Distribution Conductors Valued at over Rs 75.00 Crores from various Distribution Companies of GUNVL and various Private Customers.

The above said Orders are to be executed before March 2008. The Company's outstanding order booking position stands at Rs 300.00 Crores.

The stock was trading at Rs.164.40, up by Rs.12.45 or 8.19%. The stock hit an intraday high of Rs.164.50 and low of Rs.150.70. The total traded quantity was 37281 compared to 2 week average of 19997.

Source : Equity Bulls

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