By Bl Mumbai Bureau
Shares of PC Jeweller Limited climbed 13.6 per cent to ₹18.96 on Monday, making it one of the top performers on the NSE. The stock opened at ₹17.40 and touched a high of ₹19.23 during the session, with trading volumes reaching 28.79 million shares worth ₹537.81 crore.
The surge follows the company’s business update released on July 3, which reported approximately 80 per cent standalone revenue growth for the quarter ended June 30, 2025, compared to the same period last year. The jewellery retailer attributed the strong performance to high demand from wedding and festive purchases, despite volatility in gold prices.
PC Jeweller also announced progress on debt reduction, having already cut outstanding bank obligations by over 50 per cent during FY 2024-25. The company further reduced its bank debt by approximately 7.5 per cent during the recently concluded quarter and aims to become completely debt-free by the end of FY 2026.
The stock has shown significant volatility over the past year, trading between a 52-week high of ₹19.30 in December 2024 and a low of ₹5.09 in July 2024. With an annualized volatility of 70.88 per cent, the stock carries a margin requirement of 29.21 per cent.
The company’s market capitalization stands at ₹12,466.91 crore, with a free float market cap of ₹4,043.90 crore. Management expressed optimism about delivering exceptional performance in upcoming quarters as operational improvements continue to reflect in financial results.
Published on July 7, 2025