Mumbai, April 10: Mini Diamonds (India) Limited has secured a ₹14 crore domestic order for the supply of fancy coloured lab-grown cut and polished diamonds.

The order comes from an existing Mumbai-based client, Aura Diamond. It is not a one-off deal with a new buyer, but a continuation of an ongoing relationship, now expanding into a more specialised product category.

The company will supply fancy coloured lab-grown diamonds, a segment that sits at the higher end of the value chain within the lab-grown space, the company said in an exchange filing on Friday.

Execution is expected within four months. Payment will follow with a credit window extending up to 150 days after completion.

Stock Market Snapshot

Mini Diamonds (India) Ltd share price reacted strongly to the update, with the stock seeing a steady climb through the session.

As of 12:43 IST on April 10, 2026, the stock was trading at ₹17.30, up ₹0.76 or 4.59% so far in the session, according to exchange data.

The move was gradual. It opened at ₹16.87 and edged higher through the morning, eventually touching ₹17.40.

The Mini Diamonds (India) Limited share price has been relatively sensitive to order flow, and updates like this tend to shape near-term sentiment.

Shifting Towards Niche, Value-Added Segments

Mini Diamonds (India) Limited operates in the diamond processing and trading space, with an increasing tilt towards lab-grown diamonds. These diamonds, particularly in customised or coloured variants, offer better control over pricing, supply and margins.

Fancy coloured stones, in particular, are not mass-market. They cater to a more design-led segment. Which also means higher realisations if executed well.

The company’s strategy appears to be moving in that direction.

Small Order, Bigger Signal

At ₹14 crore, the order is not large in absolute terms. It will not dramatically alter the company’s financials on its own. That combination signals something more durable. The stock’s response reflects improving confidence, not just in this order, but in the direction of the business.

Source:

• https://www.bseindia.com/stock-share-price/mini-diamonds-india-ltd/minid/523373/corp-announcements/
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/a15b5e2d-3b47-40d1-ba27-9f66cc2ce5ce.pdf