Mini Diamonds Shares Jump 6% After Receiving Order From Mumbai Based Client

Synopsis: The shares of this company came into focus after a Rs 14 crore supply order was placed by its Mumbai-based client. This supply order will increase their momentum in the domestic market, the Chairman added 

This article will outline why the shares of this company, which are engaged in the business of manufacturing and trading of diamonds, have gained investors’ attention after its order from Aura Diamond.

With a market capitalization of Rs 292, Mini Diamonds (India) Ltd’s shares on Wednesday made a day high of Rs 26.40 per share, up by 5.6 percent from its previous day’s close of Rs 24.99 per share. The share has given a return of 3,903 percent over the last five years.

Significant Order

Mini Diamonds (India) Limited has announced a new domestic order from Aura Diamond, Mumbai, valued at Rs 14 crores. The order pertains to the supply of lab-grown polished diamonds and is scheduled to be executed within four months. Payments for the order are to be settled within 150 days of completion, marking a significant addition to MDIL’s growing portfolio in the lab-grown diamond segment.

This order supports the Company’s ongoing focus on scaling volumes in the domestic market. The Company will execute the order through its established procurement, manufacturing and dispatch framework in line with internal controls and quality benchmarks.

Shri Upendra N. Shah, Chairman and MD, added that the company has seen increasing momentum in the domestic market and repetitiveness in order size, representing customer confidence, and the company will continue to do so to strengthen our presence in the lab-grown polished diamond segment.

About the company

Mini Diamonds (India) Limited is a public limited company listed on BSE Limited, and was established in the year 1987 with a clear intention to cater diamond import and export business. It has established a sophisticated manufacturing facility in Mumbai, strategically equipped with cutting-edge technology and state-of-the-art machinery tailored specifically for processing rough diamonds.

The company excels in the manufacturing, marketing, and sales of exquisite lab-grown diamond jewellery. It caters to both the Indian and international markets, offering products through B2B and B2C channels. With a focus on cutting-edge production technology, the company strive to deliver high-quality, cost-effective lab-grown diamonds that appeal to a wide range of customers.  

The Promoters, over the years, have significantly reduced their stakes to 3.02 percent as of Q2 FY26, where the public’s holding increased to 96.98 percent in the same period

Financial Highlights: The revenue from operations grew by 43 percent to Rs 149.44 crore, corresponding to the same quarter in the last financial year. Accompanied by a net profit growth of 35 percent YoY to Rs 2.78 crore in Q2 FY26, resulting in an EPS growth to Rs 2.78 per share.

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