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The Economic Times
The Economic Times
Veer Sharma

Bluestone Jewellery shares rocket 36% in just three days after Q1 results. Can the momentum sustain?

Shares of BlueStone Jewellery rallied another 7% to Rs 832 on the BSE on Thursday, extending their winning streak to a third straight session and taking gains to 36% over the period. The buying momentum follows a strong Q1 performance, with the company reporting a net profit of Rs 14 crore, compared with a net loss of Rs 21 crore in the corresponding quarter last year.

The company said its standalone revenue rose 48.8% year-on-year to Rs 733 crore. Same-store sales growth stood at 39% YoY during the quarter, while standalone EBITDA increased 134.6% YoY to Rs 55 crore. The company added 12 stores in Q1FY27, taking its total store count to 352 across 139 cities.

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