Announced Mon, 11 May · 08:54 IST

Receipt of significant domestic order for Cut and Polished Lab Grown Diamonds amounting to INR 12.00 Crores

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Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹15.48
prior close
₹15.27
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+1.8+1.4+1.2+0.9-2.1-3.1-2.8-2.5-2.8-2.9-4.4-54.4-61.0
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AI summary

Mini Diamonds India Ltd has received a domestic order worth INR 12.00 Crores from Mumbai-based Saharsh Exports for cut and polished lab grown diamonds. This is the first order from this customer for FY 2026-27 and marks a positive start to the company's domestic order book. The order is to be fulfilled within 4 months, with payment due within 150 days of order completion. The company views this as reflecting continued customer confidence and supporting its strategy of building a stronger domestic business in the lab-grown diamond market.

Likely market impact

The INR 12 crore order provides near-term revenue visibility and demonstrates traction in the domestic lab-grown diamond market, which could be incrementally positive for the company's FY 2026-27 performance.