The shares of Jewelery Company PC Jeweller saw a strong boom on Friday. At the end of the trading, PC jeweler’s shares climbed 19.04 percent to close at Rs 16.69. In the last 5 days, the stock has risen about 35 percent. Whereas in a month the stock has risen about 41 percent.
In fact, PC Jeweler Limited has recorded a great performance in the first quarter (April-June) of FY 2025-26. The company on Thursday announced in a regulatory filing that it has acquired 80% revenue in this quarter, which is extremely spectacular compared to the same quarter of the previous financial year. This increase was achieved despite the instability in gold prices, which was mainly possible due to the strong demand of consumers during the wedding and the festive season.
Shares boom after a great update
Actually, the PC jeweler company has taken important steps to strengthen its financial situation. The company reduced the outstanding debt per banks in FY 2025 and reduced it to an additional 7.5% in this quarter. The company said that its goal is to be completely debt -free by the end of the current financial year, which is strengthening the trust among investors. The company’s managing director Balram Garg said that the company will be loan free by March 2026 through better sales and funds raising funds.
About pc jeweller
Let me tell you, the company has 52 showrooms across the country, out of which 49 are owned by the company. It has strengthened its strategy by closing non-profit showrooms and increasing operational efficiency. PC Jeweller showed a loss of ₹ 629 crore in FY24, but in FY25, the company has earned a profit of ₹ 577.70 crore. The total income of the company has increased from ₹ 669 crore to ₹ 2,371 crore.
Although gold prices fluctuations and competition challenges in the jewelery industry can introduce challenges, the government is expected to reduce costs and increase demand due to reduction in customs duty on gold and silver by 6%. The aggressive expansion strategy of the PC jeweler and the increasing demand for branded jewelery can provide a strong position in the market. The company’s future plans and continuous improvement are positive signs for investors.
PC Jeweller has given multibagger returns to investors in a long time. The stock has given more than 190 percent returns in a year. In five years, Stock has given a multibagger return of 817 percent. The 52-wheel high of the stock is Rs 19.30 and 52-Veik is Rs 5.09. The company’s market-cap is also Rs 10.98 thousand crore.
(Note: Be sure to help financial advisor before investing in stock market)
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