Pc Jeweller

Smallcap jewellery stocks surge; PC Jeweller zooms 15%, Senco Gold 4%

PC Jeweller share price surged 15 per cent to ₹19.15 per share on the BSE in Monday's intraday trade, amid heavy volumes. The stock price of the company was trading close to its 52-week high level of

PC Jeweller share price zooms 17% in trade; why is stock in demand?

PC Jeweller shares jumped 16.7 per cent in trade, logging an intraday high at ₹16.38 per share; here's why

PC Jeweller clocks 80% revenue growth in Q1, to be debt free in FY26

PC Jeweller Ltd has reported around 80 per cent growth in revenue during the April-June quarter of this financial year on strong demand despite volatility in gold prices and said it will become debt free this fiscal. Delhi-based PC Jeweller has a total of 52 showrooms, of which 49 are company-owned. In a regulatory filing on Thursday, PC Jeweller informed that the company closed the April-June quarter on a very strong note clocking a robust performance. "Despite the volatility in gold prices, the company was able to achieve a standalone revenue growth of approximately 80 per cent, as compared to the corresponding quarter of the previous financial year," PC Jeweller said. The company saw high demand for its products, as consumers purchased jewellery for weddings and festivals. "Further, the company had already reduced its outstanding debts towards its bankers by more than 50 per cent during 2024-25," PC Jeweller said. The company expressed confidence of becoming debt free in the .

PC Jeweller cuts 56% debt in FY25, to become debt-free by Mar FY26: MD

PC Jeweller Ltd has reduced bank loans by more than half to about Rs 1,800 crore this fiscal year and aims to become debt-free by March next year on better sales and fundraise, its MD Balram Garg said. PC Jeweller, which sells gold and silver jewellery, has 55 showrooms across 15 states. In September, Delhi-based PC Jeweller executed a settlement agreement with a consortium of 14 banks led by SBI to clear its outstanding loan, which stood at nearly Rs 4,100 crore as on March 31, 3024. "Our bank loans is expected to come down to Rs 1,775 crore at the end of the current fiscal. We are targeting to further reduce our bank loans and become debt free by March 2026," Garg told PTI in an interview. He said the company will get more than Rs 1,500 crore in the next fiscal from investors as proceeds against preferential issue of warrants and the same will be utilised to clear bank loans. In October last year, the preferential issue of fully convertible warrants amounting to Rs 2,702.11 crore

PC Jeweller shares soar as board approves share allotment to settle debt

PC Jeweller's stock rose as much as 6.05 per cent during the intraday trade to Rs 14.2 per share

PC Jeweller Q3 result: Net Profit of Rs 147.96 cr on strong demand

P C Jeweller Ltd has reported a consolidated net profit of Rs 147.96 crore for the latest December quarter. The company had posted a net loss of Rs 197.98 crore for the year-ago period. Total income jumped multi-fold to Rs 683.44 crore in the third quarter of this fiscal from Rs 43.48 crore in the year-ago period, according to a regulatory filing on Tuesday. P C Jeweller said the company has witnessed a strong jewellery demand during the December quarter owing to festive and wedding season. "The company's growth has exhibited a robust momentum fuelled by increase in consumer footfall and purchases. The same has replicated into its financials for Q3 FY 2025," it added. P C Jeweller has 55 showrooms (including 3 franchisee showrooms) in 41 cities across 15 states in India.

PC Jeweller settles Sebi case for Rs 7.23 crore over LODR violations

Sebi had issued a show-cause notice to the company in February 2024 for allegations of non-disclosure or delayed disclosure of defaults on loans

PC Jeweller extends gain for second session, rises 5% after stock split

Shares of PC Jeweller rallied up to 4.90 per cent at 19.25 per share on the BSE in Tuesday's intraday deals

PC Jeweller shares hit 5% upper circuit today; why is stock in demand?

The company's board approved stock split on November 28, 2024 and decided to split 1 share having face value of Rs 10 each be sub-divided / split into 10 shares having face value of Rs 1

PC Jeweller board approves issuing 51.7 mn shares to lenders to settle debt

PC Jeweller Ltd's board has approved issuance of over 5.17 crore equity shares to a consortium of lenders, including SBI, to settle part of its outstanding debt. In a regulatory filing on Wednesday, the company informed that the board has approved "issuance of 5,17,11,462 equity shares to the Consortium Lenders for settling part of their outstanding debts by way of preferential allotment on private placement basis". The consortium lenders will be classified under 'Non-Promoter, Public Category'. The shares will be issued at a price, which is higher than the floor price. PC Jeweller has opted for OTS (one-time settlement) for its outstanding dues with a consortium of banks. The terms and conditions of approved OTS include cash and equity components payable under the settlement, release of securities and mortgaged properties etc. In an investor presentation in late May, PC Jeweller mentioned that the withdrawal of the petition from the National Company Law Tribunal (NCLT) by SBI an

Stocks to Watch, Nov 29: SBI, PC Jeweller, Nazara Tech, Adani Group shares

Stocks to Watch, Nov 29: Here are few stocks that will remain in focus for today's session

PC Jeweller share at 5% upper circuit as board okays stock split, fundraise

PC Jeweller share price hit upper circuit after announcing that the board has approved the stock split and fundraising plan via warrants.

Why has this smallcap jewellery stock surged 60% in September? Details here

PC Jeweller shares were frozen in 5% upper circuit at Rs 177.95, also its multi-year high on the BSE in Monday's intra-day trade, ahead of today's board meeting to consider a stock split proposal.

PC Jeweller hits 52-wk high as board to consider stock split on Sept 30

The uptick in PC Jeweller stock came after the company announced that the board will meet on September 30 to consider a stock-split.

How to trade Titan, other jewellery stocks amid rising Gold prices?

Stocks like PC Jeweller, TBZ, Kalyan Jewellers and Senco Gold can potentially rally up to 27% from current levels, suggest technical charts.

This jewellery stock hit the 5th straight upper limit; up 95% from June low

PC Jeweller was locked in the upper circuit for the fifth straight day, up 5 per cent at Rs 85.83, also hitting a 19-month high on the BSE in Friday's intra-day trade amid heavy volumes.

PC Jeweller to raise Rs 2,705 cr via warrants; focus on loan settlement

PC Jeweller Ltd plans to raise up to Rs 2,705 crore by issuing warrants on a preferential basis to promoters and investors, mainly to settle bank loans and for working capital requirements. Promoters will infuse around Rs 850 crore into the company by subscribing to warrants issued by the company. In a regulatory filing on Saturday, PC Jeweller informed that its board has approved the proposal to raise funds up to Rs 2,705.14 crore by preferential issue of fully convertible warrants. "The funds will be utilised primarily for settlement of bank loans. Around 75 per cent of the fund will be used for repaying bank loans and the rest 25 per cent for working capital requirements," PC Jeweller MD Balram Garg told PTI. He said the promoters would infuse Rs 850 crore into the company, while the remaining amount would be raised from investors. According to the filing, the board approved the issuance and allotment of up to 48,13,42,500 fully convertible warrants by way of preferential allot

Should you buy gold-related stocks on Akshaya Tritiya? Check key levels

Titan, Kalyan Jewellers, PC Jeweller among others trade with a negative bias; these support levels can help you plan your trading strategy here.

This jewellery stock gained 4% today despite gold price hitting record high

Shares of PC Jeweller advanced 4.2 per cent to Rs 59.79 per share on the BSE in Wednesday's intraday trade after Karur Vysya Bank accepted the debt laden jewellery seller's one-time settlement offer

Stocks to Watch today, Nov 15: Dabur, ASK Auto, TaMo, PC Jeweller, Yatra

Stocks to Watch on Wednesday, November 15, 2023: The Mumbai Police has filed an FIR in connection with the Mahadev betting app scam against prominent figures from the Dabur Group