Mini Diamonds India Shares Up By More Than 2% After Bagging USD 1.8 mn Export Order

Mumbai, November 3, 2025: The share price of Mini Diamonds (India) Ltd (BSE: 523373) rose more than 2% during Monday morning trade after the company said it has received a major export order valued at USD 1.8 million (approximately ₹16.02 crore) from Hong Kong-based Jewellery Trendz Limited. The order is for the supply of lab-grown cut and polished diamonds, furthering Mini Diamonds’ expanding presence and credibility in the global gemstone market.

Incorporated in the year 1987, Mini Diamonds (India) Ltd. has its headquarters in Mumbai. It is in the business of manufacturing and exporting cut and polished diamonds, including lab-grown ones. The company serves markets in Asia, Europe, and North America, with a strong focus on increasing sustainable diamond exports through innovation and precision craftsmanship.

New Export Deal Boosts Investor Sentiment

The order, according to the company’s filing, is to be completed in three months, with payments due within 150 days from the date of the order. This order underlines the continuing ability of Mini Diamonds to win high-value international contracts, especially in the Far East, where the company is continuing to experience strong repeat business and growing customer relationships.

Operational Outlook and Market Expansion

The company has been focusing on enhancing its exports of lab-grown diamonds, which have become a key growth driver amid rising global demand for sustainable and ethically sourced gemstones. The management said that this order highlights the trust and confidence international clients place in the product quality and timely delivery capability of Mini Diamonds.

Analysts remark that this new deal is in line with the company’s strategic priorities of diversifying its export portfolio and building a firm footprint in Asian markets, which are seeing a fast transition toward lab-grown diamond adoption.

Chairman’s Statement

Upendra N. Shah, Chairman and Managing Director, said: “We have received a USD 18,00,000 order for lab-grown diamonds as part of our ongoing engagement with a key client in Hong Kong. This comes amid rising global demand for LGDs and reflects confidence in our improving quality and on-time execution. Our overseas reach is expanding, especially in the Far East, and we will continue to scale capacity and broaden our customer base in line with demand.”

Stock Market Performance

As of 10:25 am IST, Mini Diamonds (India) Ltd was trading at ₹145.25, up 0.73%, reflecting renewed investor interest following the recent order announcement. The company’s market capitalisation stands at approximately ₹348 crore, with a price-to-earnings (P/E) ratio of 101.93. Over the past year, the stock has moved between a 52-week low of ₹97.50 and a high of ₹233.00.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/a3ce226f-2159-41e6-9c60-08919e6a30b7.pdf

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