Power Sector Companies Report Significant Growth and New Orders in 2026
Multiple companies in the power sector have experienced significant growth in 2026, with share prices increasing by over 100%. Diamond Power Infrastructure Ltd saw its shares jump 167% and secured four orders totaling ₹635 crore in September 2026. These orders include supplying cables and conductors for projects such as Adani Electricity Mumbai, the MSEDCL urban power project, and state distribution networks in Gujarat.
Divine Power Energy Ltd recorded a 138% increase in its share price. Its subsidiary, Vimlesh Industries, received ancillary machinery for a new continuously transposed conductor manufacturing facility, targeting a December 2026 launch with an initial production capacity of 200 MT per month.
V-Marc India Ltd and Modison Ltd both reported share price gains of approximately 200%. V-Marc India's consolidated net profit for Q1 FY27 surged 163% year-over-year to ₹28.52 crore. Modison Ltd completed the transfer of its entire shareholding in Modison HV Private Ltd, which ceased to be a wholly owned subsidiary on September 21, 2026.
Modern Insulators Ltd's shares gained over 110% in 2026. The company specializes in manufacturing high-voltage and extra-high-voltage porcelain insulators, which are essential components for power transmission and substation projects both domestically and internationally.