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Mini Diamonds (India) Ltd Secures ₹12 Crore Domestic Order; Shares Rise

By HDFC SKY | Updated at: May 11, 2026 02:42 PM IST

Mini Diamonds (India) Ltd secured a ₹12 crore domestic order for cut and polished lab-grown diamonds from Saharsh Exports, supporting gains in the stock on May 11.

 

Mini Diamonds (India) Ltd Secures ₹12 Crore Domestic Order; Shares Rise
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Mumbai, May 11: Mini Diamonds (India) Ltd said it has received a ₹12 crore domestic order for the supply of cut and polished lab-grown diamonds, according to a regulatory filing submitted to the BSE.

The order has been awarded by Mumbai-based Saharsh Exports and involves supply of cut and polished lab-grown diamonds for the domestic market.

According to the disclosure, the order is scheduled to be executed within four months from the date of award, while payment is expected within 150 days after completion of execution.

The company said this is the first order received from the customer in the current financial year and reflects continued demand momentum in the lab-grown diamond segment.

Demand for lab-grown diamonds has been steadily rising in India as jewellery manufacturers and retailers expand offerings across affordable luxury and customised jewellery categories. Industry participants have also been increasing focus on domestic sales alongside exports as consumer acceptance improves.

Mini Diamonds said the latest order supports its strategy of strengthening customer relationships and expanding its domestic presence in the cut and polished lab-grown diamond business.

Stock Market Snapshot

Mini Diamonds  share price traded higher after the company disclosed the fresh order win.

The stock was trading at ₹15.55, up 1.24%, as of 11:32 a.m. IST on May 11, 2026, according to market data.

Investor sentiment remained positive as the order added visibility to the company’s near-term business pipeline. The contract size is also meaningful relative to the company’s scale, keeping the stock in focus during the session.

Company Focuses On Diamonds And Jewellery Segment

Mini Diamonds (India) Ltd operates in the manufacturing and trading of cut and polished diamonds and jewellery products.

The company has manufacturing facilities in Mumbai equipped with diamond processing and polishing infrastructure and caters to both domestic and overseas markets through B2B and B2C channels.

Its operations include processing of rough diamonds, jewellery manufacturing and marketing of lab-grown diamond products.

The company said it remains focused on quality standards, pricing discipline and timely delivery as it expands customer relationships in the segment.

Conclusion

The ₹12 crore order strengthens Mini Diamonds’ domestic order pipeline and highlights growing traction in India’s lab-grown diamond market.

The latest contract also reflects increasing demand for lab-grown diamond products across the jewellery value chain as the segment continues gaining wider acceptance among manufacturers and consumers.

Source:

  • https://www.bseindia.com/stock-share-price/mini-diamonds-india-ltd/minid/523373
  • https://www.bseindia.com/xml-data/corpfiling/AttachLive/1834576a-7394-4dd5-a976-53a67868feb8.pdf
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