Mini Diamonds Secures ₹12 Crore Lab-Grown Diamond Order
Mini Diamonds (India) Limited has received a domestic order worth ₹12.00 crores for lab-grown polished diamonds from a Mumbai-based client. The order is expected to enhance the company's visibility in the domestic market, increase repeat business potential, and strengthen client relationships. Mini Diamonds, a BSE-listed company established in 1987, specializes in manufacturing and selling lab-grown diamond jewellery for both Indian and international markets.
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Mini Diamonds (India) Limited has announced the receipt of a substantial domestic order worth ₹12.00 crores for lab-grown polished diamonds. The order comes from a Mumbai-based client, marking a significant milestone for the company's domestic market expansion.
Order Details and Specifications
The comprehensive order parameters demonstrate the scale and structured nature of this business development:
| Parameter | Details |
|---|---|
| Order Value | ₹12.00 crores |
| Client | Mumbai-based |
| Product Type | Lab-grown polished diamonds |
The order will be executed as per the client's specifications and the mutually agreed delivery schedule, with the company undertaking procurement, manufacturing and dispatching in line with its standard operating processes and quality benchmarks.
Strategic Market Impact
This development supports Mini Diamonds' ongoing focus on scaling volumes across B2B and B2C channels in India. The execution of this order is expected to expand the company's footprint in the domestic diamond industry and reinforce its presence in the lab-grown polished diamond market through several key advantages:
- Higher visibility in the domestic market
- Enhanced repeat business potential
- Deeper channel penetration
- Strengthened client relationships
Company Background
Mini Diamonds (India) Limited is a BSE-listed public limited company established in 1987, initially focused on diamond import and export business. The company has evolved into an internationally recognized entity for cut and polished diamonds and jewellery manufacturing. Mini Diamonds operates a sophisticated manufacturing facility in Mumbai, equipped with cutting-edge technology including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines.
The company excels in manufacturing, marketing, and sales of lab-grown diamond jewellery, catering to both Indian and international markets through B2B and B2C channels, with a focus on cutting-edge production technology to deliver high-quality, cost-effective lab-grown diamonds.
Historical Stock Returns for Mini Diamonds
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.01% | -2.32% | -14.56% | -34.90% | -25.44% | +4,426.92% |
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