Diamond Cables rose 4.43% to Rs 309.10 at 11:09 IST on BSE after it announced receipt of orders worth Rs 90 crore for various types of conductors, to be executed over a period of next 12 months.
The stock hit a high of Rs 320 and a low of Rs 305.10 so far during the day. The stock had a 52-week high of Rs 599.20 on
The company has an equity capital of Rs 17.57 crore. Face value per share is Rs 10.
The current price of Rs 309.10 discounts its Q4 March 2008 annualised EPS of Rs 42.78, by a PE multiple of 7.22.
Diamond Cables net profit rose 112.1% to Rs 18.79 crore on 158% rise in sales to Rs 188.01 crore in Q4 March 2008 over Q4 March 2007.
Diamond Cables manufactures wire products such as cables, conductors and wire rods.
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