BlueStone Jewellery and Lifestyle Ltd (NSE: BLUESTONE) surged 9.7% to Rs 557.75 on Thursday, 4 June 2026, on volume far above its usual pace (about 4.3 times its recent average).
The move at a glance
- Day change: +9.74% to Rs 557.75
- The stock is about 30% below its 52-week high of Rs 793 and 40% above its 52-week low of Rs 400.
- Today's volume was roughly 4.3 times its recent daily average.
Latest reported financials
| Period | Revenue (Rs Cr) | Net Profit (Rs Cr) |
|---|---|---|
| Q4 FY26 | 697 | 31.2 |
| FY26 (full year) | 2,436 | 13.2 |
In Q4 FY26, the company reported revenue of Rs 697 Cr and net profit of Rs 31.2 Cr.
What is behind the move
The move follows a positive brokerage call. JM Financial initiated coverage on BlueStone Jewellery and Lifestyle with a 'Buy' rating and a target price of Rs 650, implying meaningful upside, and the company held an Investor Day in Mumbai on 3 June and attended marquee investor conferences. The brokerage initiation and investor outreach have supported the newly listed omnichannel jeweller.
Key ratios
P/E 436.0, ROE 0.7%, Debt/Equity 0.41, Promoter holding 16.3%.
--- This article is for educational purposes only and is not investment advice. The figures above are drawn from company filings and exchange data and may contain errors, restatements or timing differences, so please verify against the primary source before relying on them. Stocks Sena is not a SEBI-registered investment adviser.