6,300 multibagger returns in 5 years; Board likely to announce FIRST-EVER stock split next month
DSIJ Intelligence-1 / 20 Aug 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending
The stock gave multibagger returns of 800 per cent in just 2 years and a whopping 6,300 per cent in 5 years.
On Tuesday, shares of Mini Diamonds (India) Ltd jumped 8 per cent to an intraday high of Rs 179.95 per share from its previous closing of Rs 166.60 per share. The stock’s 52-week high is Rs 233 while its 52-week low is Rs 97.50. The shares of the company saw a spurt in volume by more than 3 times on the BSE.
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Mini Diamonds India Limited (MDIL) informed that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, September 08, 2025, inter alia, to consider the proposal of sub-division/ split of existing equity shares of the Company having face value of Rs 10 each, fully paid up in such manner, as may be determined by the Board of Directors, subject to approval of the Members of the Company and/or any other regulatory/statutory approvals (if any).
Earlier, the company secured an export order valued at USD 2,150,000 (approximately Rs 18,29,65,000) from Jewellery Trendz Ltd., a Hong Kong-based company. The order is for the supply of lab-grown cut and polished diamonds and is to be delivered within three months, with payment due within 150 days from the order date.
About the Company
Mini Diamonds, a public limited company established in 1987, has a strong track record in the diamond import and export business. With its state-of-the-art manufacturing facility in Mumbai equipped with advanced technology, Mini Diamonds excels in cutting and polishing diamonds, ensuring precision and quality at every stage. The company also manufactures exquisite lab-grown diamond jewellery, catering to both domestic and international markets through B2B and B2C channels. Mini Diamonds' commitment to innovation, craftsmanship, and strategic marketing positions it as a leader in the lab-grown diamond industry, offering exceptional value and beauty to customers worldwide.
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The company has a market cap of over Rs 400 crore and debtor days have improved from 186 to 139 days. The shares of the company have a PE of 130x and an ROE of 10 per cent. The stock gave multibagger returns of 800 per cent in just 2 years and a whopping 6,300 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.