PC Jeweller share price plunges 6% today, falls 13% in a week

The jewellery stock opened at ₹12.89 apiece today and touched an intraday low of ₹12.08 on 16 September.

PC Jeweller share price fell as much as 6% in Wednesday's trading session as investors rushed to book profits. The jewellery stock opened at ₹12.89 apiece today and touched an intraday low of ₹12.08 on 16 September.

PC Jeweller shares extended its downward rally for fourth session straight on Wednesday. The jewellery stock has fallen over 13% in a week.

According to data available on NSE, around 1,971.14 lakh shares changed hands during the intraday session on 16 September. The market capitalisation of PC Jeweller stood at ₹11,663.55 crore.

In an exchange filing on 10 September, PC Jeweller said that the company has successfully cleared and repaid all its outstanding debt under the terms of Settlement Agreement dated 30 September 2024 with respect to one more bank.

The company further said that with this successful clearance of debt, the company has now repaid all the outstanding debt of 11 out of the 14 consortium banks with all repayments completed ahead of scheduled due dates.

Further, the company has discharged more than 96% of the outstanding debt of the remaining 3 banks as well.

The company remains firmly on track to discharge the remaining less than 4% of the outstanding debt of the remaining 3 banks and achieve a debt-free status in the current month itself, which will materially strengthen its balance sheet and financial position, it added.

PC Jeweller reported a 37.2% year-on-year (YoY) increase in consolidated net profit to ₹222 crore in Q1FY27, compared with ₹153 crore in the corresponding quarter of the previous financial year.

Revenue from operations also recorded strong growth, rising 21% YoY to ₹877 crore in the June 2026 quarter from ₹725 crore in Q1FY26.

Consolidated operating profit after tax (PAT), excluding other income, surged 168% YoY to ₹213 crore in Q1FY27, up from ₹79 crore in the year-ago period. The sharp rise highlights improved performance in the company’s core business operations.

PC Jeweller share price has delivered mixed performance across different time frames. The stock has declined 12.76% over the past week, indicating recent selling pressure after its sharp gains in the preceding period. However, on a one-month basis, the stock remains up 25.52%.

On a year-to-date basis, PC Jeweller shares have gained 30.11%, while the stock is down 9.63% over the past one year.

Over the longer term, the stock has delivered substantial gains. PC Jeweller shares have surged 349.81% in three years and 374.51% over five years.

Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.

Vaamanaa covers business and stock market news. Started in 2020, she has been producing news on digital platforms for over 4.5 years now. She writes on markets, commodities, IPOs, and industry. She has worked for news channels like Jagran New Media and Business Insider India. You can reach out to her at vaamanaa.sethi@htdigital.in.