Mini Diamonds India Ltd secures order from Parasmani Inc., Canada

Mini Diamonds India Ltd (MDIL) has proudly announced a new milestone in its global expansion efforts. MDIL has secured a prestigious order for 2,000 pieces of lab-grown diamond studded 14KT gold jewellery from Parasmani Inc., a Canada-based wholesale jewellery company.

Parasmani Inc., headquartered in Toronto, has a rich history of over a decade in the jewellery industry. This strategic collaboration between MDIL and Parasmani Inc. is set to strengthen MDIL's presence in the North American market. The order highlights the growing demand for eco-friendly and sustainable lab-grown diamonds in the global jewellery industry.

Shri Upendra N. Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, expressed his excitement about the order, stating: "This collaboration with Parasmani Inc. is a testament to the superior quality and craftsmanship that Mini Diamonds India Ltd offers. We are thrilled to partner with Parasmani Inc. to deliver our lab-grown diamond jewellery to the Canadian market, showcasing our commitment to sustainability and luxury.

With this latest order, MDIL continues to make significant strides in the international jewellery market, reinforcing its position as a trusted manufacturer of high-quality lab-grown diamonds and gold jewellery."

Shares of MINI DIAMONDS (INDIA) LTD. was last trading in BSE at Rs. 129.00 as compared to the previous close of Rs. 126.50. The total number of shares traded during the day was 80385 in over 218 trades.

The stock hit an intraday high of Rs. 129.00 and intraday low of 128.90. The net turnover during the day was Rs. 10366567.00.

Source : Equity Bulls

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