Shares of PC Jeweller gained over 5 per cent on Wednesday, July 9, 2025, ahead of the board meeting scheduled for July 10 to consider and approve the raising of funds. The counter started the session at Rs 18.13 on the BSE against the previous close of Rs 17.97. It gained further to touch the intraday high of Rs 18.90 - a jump of 5.17 per cent from the closing price of the last trading session. Last seen, it was trading at Rs 18.41 with a gain of 2.45 per cent.
On the National Stock Exchange (NSE), the stock started the trading session at Rs 18 and touched a high of Rs 18.88.
The counter hit its 52-week high of Rs 19.65 on the NSE on July 7, 2025, and its 52-week low of Rs 5.51 on July 8, 2024. The market cap of the company is Rs 12,048 crore.
Earlier, PC Jeweller Ltd reported around 80 per cent growth in revenue during the April-June quarter of this financial year on strong demand despite volatility in gold prices and said it will become debt free this fiscal.
Delhi-based PC Jeweller has a total of 52 showrooms, of which 49 are company-owned.
In a regulatory filing on Thursday, PC Jeweller informed that the company closed the April-June quarter on a very strong note clocking a robust performance.
"Despite the volatility in gold prices, the company was able to achieve a standalone revenue growth of approximately 80 per cent, as compared to the corresponding quarter of the previous financial year," PC Jeweller said.
The company saw high demand for its products, as consumers purchased jewellery for weddings and festivals.
"Further, the company had already reduced its outstanding debts towards its bankers by more than 50 per cent during 2024-25," PC Jeweller said.
The company expressed confidence of becoming debt free in the current fiscal.
With PTI inputs
