BlueStone leads new-age tech rally; Meesho, PB Fintech slip as SoftBank trims Lenskart

BlueStone jumped 15.99% to ₹554.85 on aggressive offline jewellery expansion targeting ₹12,000 Cr revenue by FY30 (from ₹2,486 Cr in FY26) at 30% SSSG CAGR. ideaForge gained 11.61% to ₹943.5. On the downside, Meesho fell 9.74%, while SoftBank offloaded ₹2,873 Cr of Lenskart. OYO secured SEBI DRHP nod.

— Source publishedSat, 6 Jun, 2026, 18:14 IST·First seen Sat, 6 Jun, 2026, 18:14 IST·Source Inc42

What happened

Weekly new-age tech stock roundup: BlueStone surged 16% on aggressive offline jewellery expansion plans targeting ₹12,000 Cr revenue by FY30; Meesho, PB

Key facts

  • BlueStone +15.99% to ₹554.85
  • FY26 revenue ₹2,486 Cr
  • FY30 revenue target ₹12,000 Cr
  • SSSG 30% CAGR
  • Meesho -9.74%
  • SoftBank sold Lenskart shares ₹2,873 Cr
  • ideaForge +11.61% ₹943.5

Why this matters

OYO's DRHP clearance and SoftBank's Lenskart trim mark a maturing IPO-and-exit cycle in Indian new-age retail, opening windows for secondary deals, anchor allocations, and strategic stake builds as sponsors recycle capital.

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