India's BlueStone Jewellery rises to 8-month high after Q1 profit

Bluestone Jewellery and Lifestyle

21/07/2026 05:30

** Shares of India's BlueStone Jewellery BLUT.NS rise 5.15% to 641.85 rupees; highest level since November 2025
** Jewellery chain on Monday reported a Q1 net profit of 69.6 mln rupees vs loss of 345.2 mln rupees last year; revenue from ops up 49.6% y/y
** More than 1.2 mln shares traded by 9:52 am; 2.3x the 30-day avg
** Axis Capital ("buy", PT 750 rupees) says robust revenue growth marks a strong start to FY27 for co
** BLUT rated "buy" by all 5 analysts covering stock; median PT is 653 rupees - data compiled by LSEG
** Stock up 36.3% YTD

(Reporting by Abhirami G in Bengaluru)
((abhirami.g@thomsonreuters.com))