a day ago
Bluestone shares rise 7% after muted debut on stock exchanges
Synopsis
Bluestone shares rebounded strongly after a tepid stock market debut, rising 7.3% to Rs 546. Early investors like Accel India and Saama Capital saw substantial gains, with promoter Gaurav Singh Kushwaha's stake multiplying significantly. Despite widening losses in FY25 due to expansion costs, the company's revenue grew by 40%, driven by strong institutional interest in its IPO.
