Bluestone Jewellery Shows Strong Returns Amid Declining Investor Participation and Mixed Valuation Metrics

Bluestone Jewellery & Lifestyle has shown significant activity today, reflecting its position in the Gems, Jewellery, and Watches industry. As of September 4, 2025, the stock has outperformed its sector by 2.63%, marking a notable 3.09% return for the day. Over the past five days, Bluestone Jewel has consistently gained, accumulating a total return of 9.58%. The stock reached an intraday high of Rs 574.1, representing a 3.3% increase.
Despite this positive performance, there has been a decline in investor participation, with delivery volume dropping by 33.76% compared to the five-day average. However, the stock remains liquid, with a trading capacity of Rs 0.07 crore based on 2% of the five-day average traded value.

When comparing quality with peers, Bluestone Jewel does not have a defined quality rating, while Kalyan Jewellers is noted as having good quality. In terms of valuation, Bluestone Jewel does not qualify under standard metrics, with a P/E ratio of -59.22 and an EV/EBITDA of 173.24, contrasting sharply with Kalyan Jewellers, which is considered expensive with a P/E of 66.26. These metrics highlight the varying market positions and financial health within the industry.