Jewellery Penny Stock Below Rs 10 Locked in 20% Upper Circuit As Board to Consider AI-Based Facial-Scan Healthcare Entry

DSIJ Intelligence-1 / 14 Oct 2025/ Categories: Penny Stocks, Trending

Jewellery Penny Stock Below Rs 10 Locked in 20% Upper Circuit As Board to Consider AI-Based Facial-Scan Healthcare Entry

The stock is up by 77.5 per cent from its 52-week low of Rs 3.55 per share and has given multibagger returns of 390 per cent in 5 years.

On Tuesday, shares of Deep Diamond India Ltd hit a 20 per cent Upper Circuit to Rs 6.30 per share from its previous closing of Rs 5.25 per share. The stock’s 52-week high is Rs 8.29 per share and its 52-week low is Rs 3.55 per share. The shares of the company saw a Spurt in Volume by more than 2.7 times on the BSE.

Deep Diamond India Limited has announced that a meeting of its Board of Directors is scheduled for Friday, October 17, 2025, to be held at the company's Corporate Office in Udaipur, Rajasthan. The primary focus of this crucial board meeting will be to deliberate and approve the company's proposed strategic entry into the AI-based healthcare sector. This initiative involves leveraging facial scan technology for solutions related to early detection, diagnostics and wellness. Furthermore, the Board will also consider and approve the detailed roadmap and launch plan for this new venture, with a target rollout set to be implemented within the next 45 days. This intimation was made pursuant to Regulation 29 of the Securities Exchange and Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Deep Diamond India Ltd, established in 1993, specialises in crafting a diverse range of 18K real diamond jewellery, including rings, earrings, pendants and more, all manufactured in-house. The company offers a unique 100 per cent buyback guarantee on its real diamond jewellery and caters to men with custom-made diamond watches, belts, cufflinks and shirt buttons.

The promoters own 0.08 per cent, FIIs own 1.04 per cent and the remaining 98.88 per cent stake is owned by public shareholders as of December 2024. The company has a market cap of Rs 91 crore. The stock is up by 77.5 per cent from its 52-week low of Rs 3.55 per share and has given multibagger returns of 390 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.