Bluestone Jewellery Reaches All-Time High Amidst Sector Outperformance and Volatility Concerns

Bluestone Jewellery & Lifestyle has shown significant activity today, marking a notable performance in the gems, jewellery, and watches industry. As of September 9, 2025, the stock reached a new 52-week and all-time high of Rs 657.4, reflecting a 25.72% increase from its listing price and a 23.72% rise from its issue price during its IPO, which closed on August 13, 2025.
Today, Bluestone Jewel outperformed its sector by 8.63%, with a day’s high reflecting an intraday increase of 11.61%. However, the stock has experienced high volatility, with an intraday volatility of 5.59%. Despite this, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term performance.

In terms of quality, Bluestone Jewel is rated below average compared to peers like Kalyan Jewellers, which holds a good quality rating. When evaluating valuation metrics, Bluestone is considered risky with a P/E ratio of -40.77, contrasting sharply with Kalyan Jewellers, which is deemed expensive with a P/E of 65.29. These comparisons highlight the challenges Bluestone faces in maintaining its market position amidst fluctuating investor participation and liquidity concerns.