Multibagger penny stock under Rs 50 locked in the upper circuit after receiving an order of Rs 13,50,00,000 from Jewellery Trendz Ltd
DSIJ Intelligence-1 / 02 Dec 2025/ Categories: Multibaggers, Penny Stocks, Trending
The stock gave multibagger returns of 660 per cent in just 2 years and a whopping 7,000 per cent in 5 years.
On Tuesday, shares of Mini Diamonds (India) Ltd hit a 20 per cent Upper Circuit to an Intraday high of Rs 33.35 per share from its previous closing of Rs 27.80 per share. The stock’s 52-week high is Rs 46.60 while its 52-week low is Rs 19.50. The shares of the company saw a Spurt in Volume by more than 10 times on the BSE.
Mini Diamonds (India) Limited (MDIL) has secured a significant international export order worth USD 1.50 million (approximately Rs 13,50,00,000) from Jewellery Trendz Limited, a Hong Kong-based company. This order is for the export of exclusively special-cut and shaped lab-grown polished diamonds. This marks an additional order from a continuing client, and MDIL's ability to offer specialised, in-house developed cuts beyond the standard round category is helping the customer create differentiated products. This strategic expansion is aimed at leveraging the cost and supply advantages of lab-grown diamonds to deepen and broaden MDIL's demand potential in the overseas market over the medium term.
The order stipulates that the export of diamonds must be completed within three months from the date of the order, and the payment is to be made on or before 150 days from the date of order completion. MDIL is currently progressing with the execution of earlier orders for the same customer, which remain on schedule. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the receipt of this substantial export contract.
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.
The company has a market cap of over Rs 390 crore and debtor days have improved from 186 to 139 days. The shares of the company have a PE of 95x and an ROE of 13 per cent. The stock gave multibagger returns of 660 per cent in just 2 years and a whopping 7,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.