PC Jeweller Shares Hit 52-Week High

PC Jeweller shares surge 5% to 52-week high after debt-free status.

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PC Jeweller Shares Hit 52-Week High

PC Jeweller shares surge 5% to 52-week high after debt-free status.

In brief

PC Jeweller shares surge 5% to 52-week high after debt-free status. PC Jeweller shares rose 5% to a fresh 52-week high after achieving debt-free status in September 2024, adding Rs 2,500 crore to market value in four sessions. Originally reported by The Economic Times.

PC Jeweller shares jump 5%

PC Jeweller shares rose 5% to a fresh 52-week high on Monday.

Rally extends to 20% in four sessions

Shares extended their rally to 20% over four consecutive sessions.

Price jumps to Rs 15.50

Shares reached Rs 15.50 apiece, more than doubling since March 2024.

Market value swells by Rs 2,500 crore

Market capitalisation grew by over Rs 2,500 crore in four sessions.

Debt-free status achieved in September

PC Jeweller achieved debt-free status late in September 2024.

Settlement with 14 banks

Settlement with 14 banks resolved a stressed loan book of Rs 4,100 crore.

Shares up 64% in 2026

Shares have risen 64% in 2026 and 17% in one week.

The essence

PC Jeweller shares rose 5% to a fresh 52-week high after achieving debt-free status in September 2024, adding Rs 2,500 crore to market value in four sessions.

Read the original on The Economic Times

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