Mini Diamonds Launches Gold and Silver Idols; Shares Trade at ₹4.03

Mumbai, October 19: Mini Diamonds (India) Limited has announced that its wholly owned subsidiary, Namra Jewels Private Limited, is launching a collection of gold and silver idols weighing between 20 grams and 100 grams for Dussehra. The launch marks Namra Jewels’ entry into precious-metal idols, adding devotional and festive products to its existing jewellery portfolio.

Namra Jewels Expands Into Gold and Silver Idols

The new collection is designed for worship, festive purchases and gifting. According to the company, the products will combine traditional significance with contemporary craftsmanship, targeting consumers looking for precious-metal items for personal and ceremonial use.

The launch forms part of Namra Jewels’ broader strategy to diversify its offerings and reach additional consumer segments. The company expects the move to create opportunities in the festive market and support longer-term retail growth.

Mini Diamonds said gold and silver have traditionally played an important role in Indian households during religious occasions and celebrations. The new range aims to serve demand for devotional products alongside the subsidiary’s existing jewellery collections.

The company has not disclosed the collection’s pricing, expected sales, or a revenue contribution target.

Stock Market Snapshot

The Mini Diamonds share price was trading at ₹4.03 on Monday, October 19, according to the available market snapshot. The chart does not clearly establish the percentage change against the previous close.

The launch expands the company’s product offering through its subsidiary, although its financial impact will depend on customer demand, pricing and sales performance.

About Mini Diamonds (India)

Mini Diamonds (India) Limited was established in 1987 and operates in the diamond import, export, cutting, polishing and jewellery manufacturing businesses. The company has a manufacturing facility in Mumbai and also works in lab-grown diamonds.

Conclusion

Namra Jewels’ gold and silver idol collection marks a move beyond conventional jewellery into devotional and festive products. The commercial impact will become clearer as the company reports further details on sales and demand.

Source:

• https://www.bseindia.com/stock-share-price/mini-diamonds-india-ltd/minid/523373
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/e88b83c9-363c-47f7-b1cd-77575e1dfc53.pdf