Is Diamond Power Infrastructure Limited a good investment? Diamond Power Infrastructure Limited (DIACABS.NS) is currently trading at 368.30 INR.
In terms of valuation, the stock trades at a P/E ratio of 98.74. This high multiple suggests investors have priced in significant future growth expectations.
No, it does not currently pay a dividend.
Diamond Power Infrastructure Limited is classified as a Stock.
Diamond Power Infrastructure Limited engages in the manufacturing and sale of cables and conductors in India. The company offers low voltage, high voltage, extra high voltage, control, solar, fire survival/resistant, communication, marine and offshore, single and multi core, and instrumentation cables. It also provides railway overhead conductors, including catenary/ messenger wire, jumper wire, copper magnesium/ bronze jumper wire, feeder wire and span wire, dropper wire and copper magnesium, and bridle wire; copper rods and wires; aluminium conductor steel reinforced, all aluminium conductors, all aluminium alloy conductors, and all aluminium alloy conductors steel reinforced; and speciality wires, such as electrical grade aluminium, electrical grade aluminium alloy, mechanical grade aluminium alloy, high conductivity and high temperature resistant aluminium alloy, and welding grade aluminium wires, as well as aluminium alloy for industry applications. In addition, the company offers t and d new age overhead conductors; medium voltage covered conductors; ECO Conductors; and TS conductor AECC conductors. It markets its products and solutions under the DICABS brand. The company serves power transmission and distribution, infrastructure, renewable energy, oil and gas, railways and transportation, real estate, industrial, manufacturing, metals and mining, cement, telecommunications and data centres, as well as utilities, power companies, PSUs, EPC contractors, infrastructure developers, and industrial customers. The company was formerly known as Diamond Cables Limited. Diamond Power Infrastructure Limited was founded in 1970 and is headquartered in Ahmedabad, India.
| Year | Total Dividends |
|---|---|
| ▸2013 |
1.00 INR
|
| Sept. 26, 2013 | 1.0000 |
| ▸2012 |
4.00 INR
|
| Sept. 17, 2012 | 4.0000 |
| ▸2011 |
3.00 INR
|
| Sept. 9, 2011 | 3.0000 |
| Split Date | Split Ratio to 1 |
|---|---|
| Aug. 26, 2013 | 1.33 |
| Sept. 14, 2022 | 1:100 |
| Dec. 3, 2024 | 10:1 |
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