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The Economic Times

Veer Sharma

BlueStone Jewellery shares soar 29% in 2 days after stellar Q1 show. Should you buy, sell or hold the stock?

Bluestone Systematix

Shares of BlueStone Jewellery rallied another 8% to Rs 785 on the BSE on Wednesday, extending Tuesday's 20% surge, after the company reported a strong set of Q1 results. It posted a net profit of Rs 14 crore, compared with a net loss of Rs 21 crore in the year-ago quarter.

The company reported a 48.8% year-on-year rise in standalone revenue to Rs 733 crore. Same-store sales growth stood at 39% YoY, while standalone EBITDA more than doubled, rising 134.6% YoY to Rs 55 crore. BlueStone also added 12 stores during Q1 FY27, taking its total store count to 352 across 139 cities.

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