Editor’s Note
This article highlights the recent surge in shares of Deep Diamond India Ltd., a jewelry sector company, which hit a 5% upper circuit. The stock has shown significant momentum over the past month, gaining 88%. Readers should exercise caution and conduct thorough research before making any investment decisions, as penny stocks can be highly volatile.
New Delhi:
Shares of jewelry sector company Deep Diamond India Ltd witnessed a sharp rally on Friday. The surge was so strong that the stock hit a 5 percent upper circuit and got locked at Rs 7.89. This penny stock has been showing strong momentum for the past month, during which it has gained 88 percent.
Last week, the board of directors of Deep Diamond India decided to postpone its plan to enter the AI-based healthcare sector. On Friday, October 17, 2025, the board of Deep Diamond India decided to suspend the company’s plan to enter the AI-based healthcare sector, which was to use facial scan technology for preliminary identification, diagnosis, and wellness solutions.
The company’s board also considered the planned schedule and phases for the AI-based healthcare project, which was originally slated to commence within the next 45 days.
Foreign Institutional Investors (FIIs) are also keen on this penny stock and hold a stake in it. According to Trendlyne, FIIs held a 1.04 percent stake in the company as of September 2025.
The stock has seen a tremendous rally over the past 6 months, surging 88 percent during this period. Meanwhile, over the past year, the stock has climbed 22 percent. Over the past 5 years, this stock has delivered a return of 502 percent to its investors. The stock’s 52-week high level is Rs 7.89, while its 52-week low level is Rs 3.56.
Deep Diamond India is primarily engaged in the buying and selling of rough and polished diamonds and diamond-studded jewelry. Since the financial year 2022-23, the company has also started providing consulting services to the pharmaceutical sector.