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Mini Diamonds shares jump on securing Rs 18.29 crore export order from Hong Kong client
By Aditya Bhagchandani Published on August 11, 2025, 09:49 IST
Shares of Mini Diamonds (India) Ltd rose on Monday after the company announced securing an export order worth USD 21,50,000 (approximately Rs 18.29 crore) for lab-grown cut and polished diamonds from a prominent Hong Kong–based client. The order, placed on August 11, 2025, will be executed within three months, with payment scheduled within 150 days.
The company said this marks its entry into the Hong Kong market, a global hub for diamond trading, strengthening its presence in the Far East. Mini Diamonds' Chairman and Managing Director, Upendra N. Shah, said the order highlights growing international confidence in the company's quality and aligns with its long-term strategy to expand exports and diversify its customer base.
Mini Diamonds manufactures diamonds and jewellery at its Mumbai facility, equipped with advanced technology such as Sarin machines, auto bruiting systems, and semi-automatic polishing mills.
The deal was awarded by Jewellery Trendz Ltd, with delivery expected within the stipulated three-month period. The company expects the order to boost export revenues and open new opportunities in the Far East jewellery market.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
