Diamond Power to add 132 kV CCV cable line

Diamond Power to add 132 kV CCV cable line. The company announced plans to expand its manufacturing capacity by setting up a new CCV line for cables up to 132 kV, boosting its high-voltage cable capabilities. This capex move aims to strengthen its position in the power transmission sector. The strategic expansion is expected to enhance future revenue streams.

📊 STOCKS: $DIAMONDPWR | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Capex