Synopsis: Mini Diamonds (India) Limited has received a Rs 14 crore domestic order from Mumbai-based Aura Diamond for supply of fancy coloured cut and polished lab-grown diamonds, to be executed within four months. The order marks the client’s first engagement with MDIL in this new product category.
Mini Diamonds (India) Limited has secured a Rs 14 crore domestic order from Aura Diamond in Mumbai for fancy coloured cut and polished lab-grown diamonds. This was disclosed on April 9, 2026. The contract marks the client’s first venture into the premium coloured diamond segment with the company.
The order is set for execution within four months, with payment terms structured at 150 days post-completion. As a non-related party transaction with no promoter interest, this repeat business reflects growing commercial trust and a strategic shift toward higher-value product categories in the domestic market.
Shares of Mini Diamonds (India) Ltd rose 1.87% to reach Rs 16.85 in early trade on April 10, 2026. The rise follows the official announcement of a Rs 14 crore order from Aura Diamond for premium fancy coloured lab-grown stones.
Despite a volatile 52-week range with a high of Rs 43.60 and a low of Rs 14.50, the stock opened strong at Rs 16.87 and hit an intraday high of Rs 17.00. Investor confidence is notably high, as shown by a robust delivery percentage of 87.39%. This indicates that most of today’s trading volume comes from long-term accumulation rather than speculative day trading.
Company Overview
Mini Diamonds (India) Limited is a Mumbai-based BSE-listed diamond manufacturer established in 1987, specialising in cut and polished diamonds, lab-grown diamond jewellery, and jewellery manufacturing for domestic and international B2B and B2C markets.
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