AI‑Driven Stock Selection and Performance
InvestingPro’s ProPicks AI incorporated Diamond Power Infrastructure Ltd (NSE: DIAC) into its Bharat Mid‑cap Movers strategy on 1 June 2026. From that date to 10 July 2026 the share price appreciated by more than 30%, trading around ₹229 after having touched a 52‑week high of ₹251.80.
Major Order Announcement
On 6 July 2026 DIAC triggered an upper‑circuit, surging 10% in a single session following disclosure of a ₹435.71 crore contract to supply high‑tension and low‑tension power cables for a 310 MW HYD22‑HYD26 data‑centre campus in Hyderabad. The project is being executed by L&T, Sterling and Wilson, and Blue Star, with deliveries slated to start in the first week of August 2026 and to be completed by March 2027. Senior Vice President – Sales & Marketing Umesh Chayya described the win as a milestone, emphasizing data‑centres as a key demand driver for the Indian cable industry and affirming the company’s manufacturing capability and delivery reliability.
Financial Highlights
Diamond Power reported its Q4 FY26 results on 26 May 2026. Revenue rose to ₹703 crore, up from ₹474 crore in Q3 FY26 and ₹304 crore in Q1 FY26, indicating a near‑doubling of the top‑line run‑rate within three quarters. Earnings per share reached ₹1.15 in Q4 FY26, compared with ₹0.12 in Q3 FY25, showing profitability tracking the revenue acceleration.
Macro‑Sector Context
India’s operational data‑centre capacity stood at roughly 1,700 MW in 2025, with a target of 4‑5 GW by 2030. Industry estimates place total wires and cables demand from data‑centre EPC projects at about ₹4,600 crore between FY25 and FY30, creating a sizable addressable market for vertically integrated cable manufacturers like Diamond Power.
ProPicks AI Model Overview
The Bharat Mid‑cap Movers strategy leverages more than 150 fundamental inputs and continuously recalibrates to real‑time market conditions. Globally, the ProPicks AI portfolio has outperformed the S&P 500 by over 146% since its launch, according to Investing.com. Adding DIAC a full month before the Hyderabad order demonstrates the model’s ability to identify fundamental inflection points ahead of broader market consensus.
Near‑Term Calendar
Deliveries against the ₹435.71 crore Hyderabad order are expected to commence in early August 2026, providing an early execution signal. The first quarter FY27 earnings, anticipated in August 2026, will be the initial financial read‑out after the stock’s re‑rating and will test whether the order momentum translates into recognized revenue.