BlueStone records 45% growth in festive season

Lifestyle jewellery brand BlueStone Jewellery and Lifestyle Ltd said it recorded 45 per cent growth from 1-October to 8-November 8, which included the festive period particularly Dhanteras and Diwali.

Listen to this article

The growth was largely buyer transaction driven with average realisations being the same as last year (comparable period), the company said in a regulatory filing.

The secular trends towards jewellery for the wardrobe remains intact and this festive product range across entry level price points also saw improved momentum, it added.

“We continued to build on our strong growth momentum, with robust festive season performance reflecting sustained consumer demand and the strength of our business mode,” BlueStone’s Founder & CEO Gaurav Singh Kushwaha said.

It’s exciting to see that growth was fundamentally buyer transaction led, he added.

Latest

Hindustan Coca-Cola Holdings files for IPO

Hindustan Coca-Cola Holdings is Coca-Cola Company’s largest bottler within...

Arka Fincap to get funding from TPG

The strategic investment comprises an initial investment of Rs...

TASE Global to raise Rs 300 crore

The investment in TASE Global, marks Tristar Fund's fourth...

KICL in pact with UWA for industry-integrated learning

The partnership marks a significant step towards strengthening the...

Newsletter

Don't miss

Hindustan Coca-Cola Holdings files for IPO

Hindustan Coca-Cola Holdings is Coca-Cola Company’s largest bottler within...

Arka Fincap to get funding from TPG

The strategic investment comprises an initial investment of Rs...

TASE Global to raise Rs 300 crore

The investment in TASE Global, marks Tristar Fund's fourth...

KICL in pact with UWA for industry-integrated learning

The partnership marks a significant step towards strengthening the...

Gujarat Energy to procure LNG from ADNOC

The agreement marks the first purchase of molecules from...

Hindustan Coca-Cola Holdings files for IPO

Hindustan Coca-Cola Holdings is Coca-Cola Company’s largest bottler within the Coca-Cola System in India based on units of Concentrate sold. The Offer is entirely an...

Arka Fincap to get funding from TPG

The strategic investment comprises an initial investment of Rs 525 crore, with the potential for an additional Rs  275 crore through a subsequent tranche,...

TASE Global to raise Rs 300 crore

The investment in TASE Global, marks Tristar Fund's fourth portfolio company, following its recent fundraise of over Rs 2,100 crore in commitments within 15...