On Monday, 7th July, shares of PC Jeweller surged 10.72% to trade at ₹18.48 on the NSE, up ₹1.79 from the previous close of ₹16.69. This follows Friday’s sharp 19% jump, taking the two-day gain to around 30% as the jewellery company reported a strong business update for the April–June quarter of FY26.
In a regulatory filing on Thursday, PC Jeweller announced standalone revenue growth of approximately 80% year-on-year in Q1, supported by strong demand despite volatility in gold prices. The company attributed the performance to high consumer demand for weddings and festivals.
The firm also shared its progress on deleveraging, stating it had already reduced its outstanding debt to bankers by more than 50% during FY25 and further reduced it by an additional 7.5% during the June quarter. The management reiterated confidence in becoming debt-free in the current fiscal year while continuing to revamp and strengthen operations across the business.
The stock has gained nearly 35% in the past five trading sessions and over 227% in the last year. On Friday, 4th July, the stock closed at ₹16.69 after opening at ₹14.35 and rising 19.04% that day.
PC Jeweller posted a consolidated net profit of ₹577.70 crore in the previous fiscal year, a turnaround from a net loss of ₹629.36 crore in FY24.
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