Mini Diamonds India Ltd (MDIL) shares rose 2.18% to Rs 185 after the company announced winning a major export order worth Rs 18.29 crore from Hong Kong-based Jewellery Trendz. The order covers lab-grown, cut and polished diamonds and will be executed within three months of confirmation, with payment scheduled within 150 days from the order date.

Shri Upendra N. Shah, Chairman and Managing Director of MDIL, said, “We are encouraged by the sustained traction and growing acceptance of lab-grown diamonds in global markets. This order from Hong Kong reflects the trust our international clients place in our quality and reliability. It aligns with our goal of expanding exports while diversifying our customer base across geographies.”

He added that MDIL remains committed to enhancing production capabilities, meeting global certification standards, and building long-term global partnerships. The company sees the order as a key step in strengthening its presence in the Far East market.

MDIL manufactures and trades in diamonds, with a growing focus on lab-grown stones. In Q4 FY25, the company reported a standalone net loss of Rs 2.70 crore compared to a net profit of Rs 1.34 crore in Q4 FY24, though revenue from operations rose 14.3% year-on-year to Rs 96.79 crore.