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Mini Diamonds (India) is trading at its upper circuit limit of Rs. 88.89, up by 4.23 points or 5.00% from its previous closing of Rs. 84.66 on the BSE.

The scrip opened at Rs. 84.35 and has touched a high and low of Rs. 88.89 and Rs. 80.43 respectively. So far 0.16 lakh shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 90.10 on 02-Jul-2024 and a 52 week low of Rs. 17.00 on 31-Oct-2023.

Last one week high and low of the scrip stood at Rs. 90.10 and Rs. 76.73 respectively. The current market cap of the company is Rs. 28.71 crore.

The promoters holding in the company stood at 34.65%, while Non-Institutions held 65.35% stake in the company.

Mini Diamonds (India) has entered into a strategic arrangement with ARK Diamonds Inc., a United States of America (USA) based enterprise from New Jersey. This collaboration marks a significant milestone for the company as the company will enter into the USA market with its exquisite Sterling Silver and Gold Lab-grown diamond jewellery. 

USA is one of the biggest markets for Sterling Silver and Gold Lab-Grown diamond jewellery in the world growing at 7% per year. Through this venture, the company shall be able to cater to the top and finest niche of studded jewellery with Lab grown diamonds in sterling silver and gold. 

Under this arrangement, ARK Diamonds Inc. will spearhead the sales, marketing and order procurement for its sterling silver and gold lab grown diamond jewellery segment across the USA and neighbouring regions. This venture is poised to enhance company’s presence and drive substantial growth in the American market.

Mini Diamonds (India) operates in one segment which is Jewellery manufacturing. The main object of the company is to process latest semi-automatic spinning mills for polishing diamonds & also computerized laser machine for sawing, crafting & cleaving.