CatalystIndia
PC Jeweller shares jump 5% to fresh 52-week high, market value swells by Rs 2,500 crore in 4 sessions
PC Jeweller shares hit 52-week high, gaining Rs 2,500 crore over four sessions.
Context
What happened: PC Jeweller shares rose to Rs 15.50 apiece, hitting a fresh 52-week high after the company completed all repayments ahead of schedule and reached debt-free status in late September.
Key numbers: Shares up about 64% in 2026, 17% in one week, 458% in three years. Market capitalisation rose over Rs 2,500 crore in four sessions to nearly Rs 15,116 crore. 52-week low was Rs 7.47 in March.
Why it matters: The rally follows a one-time settlement with a 14-bank consortium led by State Bank of India, resolving a stressed loan book of nearly Rs 4,100 crore as of March 2024.
What changed
PC Jeweller shares rose to Rs 15.50 apiece, hitting a fresh 52-week high after the company completed all repayments ahead of schedule and reached debt-free status in late September.
Why it matters
The rally follows a one-time settlement with a 14-bank consortium led by State Bank of India, resolving a stressed loan book of nearly Rs 4,100 crore as of March 2024.