$BLUESTONE BlueStone Jewellery shares soared 18% today (July 21, 2026) to ₹726

BlueStone Jewellery shares soared 18% today (July 21, 2026) to ₹726 after the company reported a strong Q1 FY27 performance, marking its first profitable quarter in several years. 📊 Q1 FY27 Highlights Net Profit: ₹5.96 crore (vs. ₹34.5 crore loss last year) Revenue: ₹736 crore (+49% YoY) Same‑Store Sales Growth (SSSG): 39% YoY EBITDA: ₹108 crore (+93% YoY); margin improved to 14.6% Cash Profit: ₹57 crore, indicating sustainable growth Store Expansion: 352 outlets across 139 cities (+12 new stores this quarter) 📈 Market Reaction Current Price: ₹726 (+18% intraday) 52‑Week Range: ₹399.8 – ₹793 YTD Performance: +32% in 2026 vs. Nifty down 1.85% Investors cheered the turnaround, pushing the stock sharply higher despite broader market weakness. 🏦 Management Commentary CEO Gaurav Singh Kushwaha highlighted: Strong growth despite gold import duty hike (6% → 15%) Older store cohorts showing sustained profitability Focus on Tier‑II and Tier‑III expansion to capture new demand Confidence in design innovation and omnichannel strategy 🔑 Investor Takeaways ✅ Positives: Profitability turnaround, strong revenue growth, margin expansion, aggressive retail footprint. ⚠️ Risks: Gold price volatility, sustainability of high same‑store sales growth, profit moderation compared to Q4 FY26. 📌 Bottom Line BlueStone’s Q1 FY27 results have triggered a sharp rally in its shares, with investors optimistic about its growth trajectory and profitability. The jewellery retailer’s omnichannel model and expansion strategy are paying off, but margin sustainability amid gold duty hikes remains the key watchpoint.