BlueStone Jewellery and Lifestyle Limited
360 ONE Mutual Fund decreased its stake in BlueStone Jewellery and Lifestyle Limited from 1.63% to 1.28% by selling 534,131 shares worth ₹43.88 Cr at ₹821.60 apiece.
A jewellery manufacturer and retailer specializing in diamond, gold, platinum, and studded pieces, Bluestone operates through physical stores and an online platform across India. The company designs and produces its own jewellery collections, controlling production from conception to customer delivery. Bluestone distinguishes itself through vertical integration and direct manufacturing capabilities, allowing greater quality control, design flexibility, and customer engagement across its diverse product range.
360 ONE Mutual Fund is the mutual fund arm of 360 ONE Asset Management, formerly IIFL Asset Management, part of the 360 ONE group, one of India's largest wealth and asset managers. Launched in 2010, it runs a focused range of equity and hybrid schemes built around a concentrated, research led approach. Its investments are overseen by chief investment officer Anup Maheshwari.