Multibagger Stock, July 8 -- Diamond Power Infrastructure share price surged 6.5% to hit its record high of Rs.240 per share on BSE despite weakness in Dalal Street. It has now jumped 107% from its 52-week low of Rs.115.80, hit in February 2026.

Indian stock market benchmark indices Sensex and Nifty 50 fell around a percent each after fresh US strikes on Iran reignited geopolitical tensions. The benchmark BSE Sensex fell more than 600 points, while the Nifty 50 declined nearly 0.8% to slip below the 24,200 level.

The multibagger cable and conductor manufacturer has emerged as one of the standout performers in the infrastructure space, with investors betting on a strong revival in earnings and capacity utilisation. The rally also comes a...