Stock Report

Mini Diamonds India Ltd secures export order of $1.50 Mn



Posted On : 2025-12-02 14:45:47( TIMEZONE : IST )

Mini Diamonds India Ltd secures export order of $1.50 Mn

Mini Diamonds (India) Limited ("MDIL") has secured additional export order of USD 1.50 million (Approx. INR 13,50,00,000) from the Hong Kong-based prominent client this time for Exclusively Special cut and shaped lab-grown polished diamonds on December 02, 2025.

The Company has received an additional export order from its continuing Hong Kong customer, this time for exclusively special-cut and shaped lab-grown polished diamonds that have been developed in-house through its R&D capabilities to align closely with the client's preferred requirements, proportions and quality specifications. Execution of the earlier round of orders to this customer is progressing in a phased manner and remains on schedule for completion within the agreed timelines.

By expanding into shapes beyond the standard round category, MDIL is positioning itself to leverage the cost and supply advantages of lab-grown diamonds, enabling overseas customers to experiment more widely with new profiles, create better-suited and more differentiated end products for their markets, and in turn deepen and broaden the demand potential for the Company's lab-grown diamond portfolio over the medium term.

Shri Upendra N. Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, had to say the following with regards to this business update: "The repeat order from our Hong Kong customer, focused on exclusively special-cut and shaped lab-grown polished diamonds, underlines the confidence in our product consistency and ability to customize as per client requirements through our in-house R&D. Fulfilment of the earlier orders to this customer is progressing as planned, and we expect to complete dispatches within the agreed timeframes. As we expand our offering beyond round shapes, we see better flexibility for our overseas partners and improved visibility for the lab-grown diamond portfolio in export markets over the coming quarters."

Shares of MINI DIAMONDS (INDIA) LTD. was last trading in BSE at Rs. 139.10 as compared to the previous close of Rs. 140.00. The total number of shares traded during the day was 94750 in over 1396 trades.

The stock hit an intraday high of Rs. 142.00 and intraday low of 138.90. The net turnover during the day was Rs. 13315409.00.

Source : Equity Bulls

Keywords

MINIDIAMONDSINDIA INE281E01010 ExportOrder