PC Jeweller extends fall ahead of Q4 results; stock slips 25% in four days

In the past one-and-half months, since April 14, the stock has plunged 48 per cent against 1 per cent rise in the benchmark index.

Shares of PC Jeweller were trading lower for the fourth straight day, slipped 10 per cent to Rs 77.80 on the National Stock Exchange (NSE) on Thursday on the back of heavy volumes in an otherwise firm market, ahead of March quarter results today.

Till 12:33 pm, a combined 47 million shares, representing 12 per cent to the company's total equity, have changed hands on the NSE and BSE.

In the past four trading days, the stock has tanked 25 per cent from the level of Rs 104 on Friday, May 24, 2019. In comparison, the Nifty 50