Lab-Grown Diamond Company to Consider Bonus Shares on April 23; Stock Gains Over 14%, Up 1300% in 5 Years
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Mini Diamonds India Ltd to consider bonus shares on April 23 after securing a Rs 14 crore order; stock jumps over 14 per cent amid strong domestic demand.
✨ AI Powered Summary
Rising consumer awareness and shifting preferences are driving increased market acceptance of lab-grown diamonds in India. As buyers become more value-conscious and open to alternatives to natural diamonds, the segment is witnessing broader adoption across categories. At the same time, with global market conditions remaining uncertain and export demand requiring a cautious approach, the domestic market is emerging as a key growth driver.
Against this backdrop of strengthening domestic demand, Mini Diamonds India Ltd has announced that its board of directors will meet on April 23, 2026, to consider and approve the issuance of bonus shares, subject to shareholder and regulatory approvals.
The development comes shortly after the Company secured a domestic order worth Rs 14 crore from an existing Mumbai-based client on April 9, 2026. The order involves the supply of fancy coloured cut and polished lab-grown diamonds and marks a notable step in strengthening the Company’s domestic presence.
About Mini Diamonds India Ltd
Established in 1987, Mini Diamonds India Ltd operates in the manufacturing, marketing, and sale of lab-grown diamond jewellery, catering to both domestic and international markets through B2B and B2C channels.
The Company’s Mumbai-based manufacturing facility is equipped with advanced technology and specialised machinery for processing rough diamonds. The facility integrates diamond processing and jewellery manufacturing, enabling end-to-end production under one roof.
Mini Diamonds India Ltd Share Price Performance
On Wednesday, as the markets showed positive gains, Mini Diamonds India Ltd’s share price rose over 14 per cent. The stock was trading at Rs 18.93 at 11:22 AM, up by Rs 2.39 or 14.45 per cent from its previous close of Rs 16.54. On a broader basis, the share has delivered -20.92 per cent year-to-date and 1376.74 per cent over the last five years.
Disclaimer: The article is for informational purposes only and not investment advice.