Diamond Power Infrastructure, a manufacturer of power transmission equipment and turnkey services provider (EPC), witnessed a sharp rise in share price on Friday after the company announced that the company has received orders worth USD 14.5 million for supply of 4600 kms of aerial bunch cables to Iraq.

The order has to be executed from September 2015, in subsequent 8 months. The companies present order book positon stands at Rs 24 billion.

Shares of Diamond Power Infrastructure are trading at Rs 44.15, up Rs 2.6, or 6.26% at the Bombay Stock Exchange (BSE) on Friday at 3:03 p.m.

Total volume of shares traded on the bourses today was higher by 1,857.12% to 709,001 compared with 22-day average volume of 36,227.