Accel India, 360 ONE Group sell over 4% stake in BlueStone for ₹513 cr
AI Summary
The recent stake sale in BlueStone by Accel India and 360 ONE Group, despite a strong quarterly performance, indicates a cautious sentiment among early investors. Retail investors should note that while institutional interest remains robust, the drop in share price post-sale suggests potential volatility. This could be an opportune moment for investors to assess the company's fundamentals and competitive positioning against rivals like Titan's CaratLane and GIVA, especially as the jewellery market continues to evolve.
Venture capital firm Accel India and 360 ONE Group sold a little over 4 per cent stake in omnichannel jewellery retailer BlueStone for ₹513 crore through separate block deals on the BSE.
The two investors sold a combined 61.98 lakh shares on Thursday, representing a 4.07 per cent stake in Bengaluru-based BlueStone Jewellery and Lifestyle, according to exchange data.
Original Article
Published on Hindu BusinessLine
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This is a company news update from Hindu BusinessLine, published on 25 September 2026.
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