BlueStone Jewellery Shares Surge 20% as Q1FY27 Turns Profitable

MShares of $BLUESTONE lery hit the 20% upper circuit on Tuesday after the company reported a strong swing to profit in the first quarter of FY27. The company posted a net profit in the April-June period compared to a loss in the year-ago quarter. Total income jumped 49% year-on-year to Rs 752 crore, driven by robust demand for jewellery and improved operational efficiency. Analysts attribute the positive momentum to BlueStone’s expanding online presence, strong festive season buildup, and effective cost management strategies. The stock’s sharp rally reflects investor confidence in the company’s growth trajectory amid a recovering consumer sentiment in the domestic jewellery market.