Mini Diamonds jumps 6% after signing MoU for lab-grown rough diamondsMini Diamonds jumps 6% after signing MoU for lab-grown rough diamonds

Introduction

Leading lab-grown diamond manufacturer secured priority monthly supply of 30,000-40,000 carats of rough diamonds from a Mumbai-based supplier to support production and strengthen its supply chain operations.

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Share price movement of Mini Diamonds

On December 23, 2025, Mini Diamonds India Ltd opened at ₹26.65, up 5.99% from its previous close of ₹25.15. The stock reached a high of ₹26.65 (6.00%) and a low of ₹24.80 (-1.40%). By 11:30 AM, it traded at ₹25.20, a 0.20% increase, with a market capitalization of ₹296.97 crore.

MDIL Secures Monthly Lab-Grown Diamond Supply

Mini Diamonds (India) Limited (MDIL) signed a Memorandum of Understanding with Cupid Diamonds Private Limited on December 23, 2025. The MOU provides priority access to lab-grown rough diamonds.

Under the agreement, MDIL will receive 30,000 to 40,000 carats of lab-grown diamond rough monthly, subject to mutually agreed commercial terms. The supply supports MDIL’s manufacturing operations and growth plans.

The priority supply arrangement aims to enhance raw material availability, improve capacity utilization, and strengthen MDIL’s supply chain, enabling disciplined scaling of lab-grown polished diamond production operations.

Stock performance of Mini Diamonds for Period of 1 week, 6 months, and 1 year

Mini Diamonds India Ltd delivered a -7.20% return over the past week. It declined 36.2% over the past six months and fell 31.9% over the past year.

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Shareholding pattern of Mini Diamonds

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	3.00%	4.90%	5%
FII	0%	0%	0%
DII	0.00%	0.00%	0.00%
Public	97.00%	95.10%	95.00%

About Mini Diamonds

Mini Diamonds (India) Limited (BSE: 523373) is a public company specializing in cut and polished diamonds and jewellery, operating a Mumbai facility equipped with advanced technology for precise diamond processing.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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