India, Aug. 3 -- Mini Diamonds India shares were trading at Rs. 5.37, up 3.07 percent in afternoon trade on Monday. The stock touched an intraday high of Rs. 5.55 after opening at Rs. 5.32, while the company's market capitalisation stood at approximately Rs. 126.6 crore. Despite the gains, the stock remained significantly below its 52-week high of Rs. 19.23.

India's diamond processing and jewellery sector has been navigating volatile global trade conditions tied to Middle East geopolitical tensions, which disrupted sentiment and shipment flows through much of the preceding quarter. Within this backdrop, the lab-grown diamond segment has continued gaining share as a lower-cost, sustainability-linked alternative for both domestic and expor...