look news india
These days, a big company in the jewelery sector is creating a stir in the stock market. BlueStone Jewelery shares have made investors rich on the basis of its excellent financial reports and quarterly results. Due to strong fundamentals and excellent business growth, there is continuous heavy buying in the company’s shares. Within just three trading sessions, a tremendous rise of up to 36 percent has been recorded in this stock, due to which the eyes of stock market experts have also been fixed on it.
Company returns to profit after recovering from losses, historical jump of 48.8% in revenue also
The figures presented by Bluestone Jewelery for the first quarter of the current financial year (Q1 FY27) have exceeded market expectations. The company has registered an impressive net profit of Rs 14 crore during the April-June 2026 quarter, whereas the company had incurred a loss of Rs 21 crore in the same period last year. With this, a huge increase of 48.8 percent was recorded in the standalone income of the company and it increased to Rs 733 crore. Despite fluctuations in gold prices and changes in custom duty, this performance of the company is rapidly increasing the confidence of investors.
Store expansion happening rapidly across the country, brokerage house suggested ‘Buy’
The company’s business is not limited to online only, but it is also rapidly expanding its presence in the offline market. During the June quarter, Bluestone opened 12 new stores across the country, taking the total number of outlets to 352, spread across 139 cities in the country. Brokerage firm Systematix has set a target price of Rs 832 while maintaining ‘Buy’ rating on this stock. Experts estimate that in the coming time, the company will add about 75 new stores every year, which will further increase both its reach and profits.
