Mini Diamonds Shares Rise on $2 Million Export Order

Mumbai, November 27 (Udaipur Kiran): Shares of Mini Diamonds (India) were trading higher on the BSE after the company secured a fresh export order worth $2 million. The stock was trading at Rs. 141.85, up by 1.65 points or 1.18 per cent from its previous close of Rs. 140.20.

Mini Diamonds

The scrip opened at Rs. 142.75 and moved between a high of Rs. 142.75 and a low of Rs. 140.40 during the session. A total of 2,334 shares were traded on the counter so far.

The BSE Group ‘X’ stock, with a face value of Rs. 10, touched its 52-week high of Rs. 233.00 on December 5, 2024, and a 52-week low of Rs. 97.50 on March 3, 2025. Over the past one week, the stock moved between Rs. 140.00 and Rs. 143.40. The company’s current market capitalisation stands at Rs. 334.56 crore.

Promoters hold 4.89 per cent stake in the company, while non-institutional investors hold 95.11 per cent stake.

Mini Diamonds (India) has secured an export order valued at $2 million, or around Rs 17.80 crore, from Gogreen Diamonds Singapore PTE for the supply of lab-grown cut and polished diamonds. The order follows earlier export orders received from overseas clients and reflects the company’s progress in expanding its export presence in lab-grown diamonds. The company continues to receive business by offering consistent quality and competitive pricing to international buyers.

The increasing flow of orders from overseas markets indicates a gradual expansion of the company’s international customer base beyond the US and aligns with the broader rise in global demand for lab-grown diamonds.

Mini Diamonds (India) operates in the jewellery manufacturing segment, with its main business focused on diamond processing using semi-automatic spinning mills for polishing and computerized laser machines for sawing, crafting and cleaving.

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