By Admin 
Multibagger Stock India 2026: Even amidst the turmoil in the stock market, some companies surprise their investors by giving excellent returns. Diamond Power Infrastructure Limited has emerged as one such name. This stock included in the small cap category has given investors an opportunity to earn huge profits.
Despite the ups and downs in the market, it has shown strength and has continuously touched new record high levels. The company’s growing order book and improvement in quarterly results have strengthened investor confidence. Let us know about this multibagger stock…
Shocking rise from Rs 2 to Rs 138
Talking about the figures, from the level of around Rs 2.22, this share has now reached around Rs 138. Which in itself tells the story of excellent returns. The rise in it after September 2023 surprised the investors and overall it has recorded a tremendous increase of about 6,116 percent.
In the year 2023 itself, the company shares gave a return of 620 percent. In the next year i.e. 2024, another growth of 860 percent was seen. However, last year, profit booking of more than 10 percent has been seen in the company’s shares. However, in the last two years the shares have given a total return of 366 percent.
What does the company do?
This company plays an important role in meeting the needs of the power sector. With a market cap of around Rs 7,248 crore, it is active in the manufacturing of LV, MV and EHV cables and also produces conductors.
Its products are used in applications ranging from power generation to transmission and distribution networks, as well as in various industrial projects.
Company’s performance in stock market
There is a rise in company shares on BSE on Wednesday’s trading day. At 11:50 am the stock was trading at Rs 139.95, up 1.56 per cent or Rs 2.15. The shares started the day at Rs 141.85.
The intraday high of the day was Rs 141.85. Talking about the 52-week high level of company shares, during this period the shares had touched the figure of Rs 185.10. Whereas the low level of 52 weeks is Rs 81.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read: Gold Silver Price Today: News of relief in the wedding season! Gold and silver prices reduced, know what is the rate in your city today