BlueStone Jewellery and Lifestyle shares surged nearly 7% on Wednesday, extending their one-month rally to around 50% after the company's strong Q1 earnings boosted investor sentiment. However, technical indicators suggest investors should keep an eye on key support and resistance levels following the sharp run-up.
Earlier this month, the jewellery retailer reported a net profit of Rs 14 crore for the April-June quarter of FY27, compared with a net loss of Rs 21 crore in the corresponding quarter last year.