Mini Diamonds India Surges 6.45% as Design Portfolio Crosses 5,000 Milestone

Mumbai, September 18, 2025: The shares of Mini Diamonds India Ltd (BSE: 523373) surged by 6.45% to ₹175.80 on Thursday after it announced breaching the 5000 mark of the jewellery design portfolio. The company has now introduced more than 5000 jewellery designs that include both natural and lab-grown diamond products.

The market reacted positively to the update, and it resulted in an upward movement in the stock that peaked at the intraday level of ₹175.95 (+6.55%) in its early session today. The market capitalization of the company has increased to ₹414.35 crore from ₹175.80 crore.

Founded in 1987, Mini Diamonds India Ltd has evolved into a diversified diamond and jewelry manufacturer with a state-of-the-art facility in Mumbai, specializing in both natural and lab-grown diamonds. The company supplies domestic and international markets with diamond products through both wholesale and retail distribution.

Enhanced Business Capabilities

The company underlined that it has made steady progress towards integration of the value chain. The process involves cultivating lab-grown diamonds and utilizing them in jewellery design. The value chain improvement also includes precise cutting and polishing processes, which are integral parts of the diamond jewellery production. The current expansion only restricts the company’s ability to add value at different production stages.

Upcoming Showcase in Ahmedabad

The newly expanded portfolio will be presented in part at an upscale jewellery showcase in Ahmedabad on 23–24 September 2025. This showcase will be presented by its subsidiary Namra Jewels Pvt Ltd, providing a taste of the brand’s growing design prowess.

Leadership’s Perspective

The Chairman and Managing Director, Upendra N. Shah, reiterated the significance of surpassing the 5,000-design threshold. “What it means for us is that as market trends change, we will be able to respond and convert ideas to collections that are market-ready faster than ever without sacrificing quality or cost,” he said.

Stock Market Snapshot

As of 1:40 pm IST, Mini Diamonds’ shares were trading at ₹179.50, marking a rise of ₹14.35 (8.69%) compared to the previous day’s average price of ₹165.15. The stock opened at ₹173.40 during Thursday’s trading session, hitting an intraday high of ₹179.75 and a low of ₹167.05 so far. Despite the recent gains, the share price remains below its 52-week high of ₹233.00, while comfortably above the 52-week low of ₹97.50, indicating considerable room for growth.

The purpose of the extended design line and opening a new showroom is to increase awareness of the product in the market, find more customers and new markets through Mini Diamonds. Integration of value chains in the diamond value chain must also enhance profitability and competitiveness in the long term.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/75bf1762-96ea-4b63-b9b1-5971502403aa.pdf

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