PC Jeweller turns volatile on reports of CBI arresting its owner

The stock hit fresh 52-week low of Rs 95 in intra-day trade, bounced back 34% to Rs 127 in early noon deal, trading 7% lower at Rs 103 on the NSE at 12:25 pm.

Shares of PC Jeweller have turned volatile gaining more than 30% from its intra-day low on the National Stock Exchange (NSE). 

The stock opened 9% lower at Rs 101, slipped 15% in intra-day deal to Rs 95, hitting fresh 52-week low. At around 11:32 am; it bounced back to Rs 127, up 34% from its intra-day low, the exchange data shows.

At 12:25 pm; PC Jeweller was trading 7% lower at Rs 103, falling 18% from intra-day high on the NSE, against 0.52% decline in the Nifty 50 index. The trading volumes on the counter jumped more than 30-fold. A