PC Jeweller share price jumps 68% in 6 months; Debt-free status and Q2 growth in focus | Is the rally far from over?
New Delhi, Oct. 12 -- PC Jeweller share price jumped 4% on Monday, 12 October, in an otherwise flat market, with investor sentiment supported by multiple developments, including the release of mortgaged assets following the repayment of dues to all 14 consortium banks, the company's debt-free status, and a 28% year-on-year growth in Q2 FY27 revenue. The company also reported receiving Rs.142 crore in remittances from outstanding export debtors during the September quarter.
In a regulatory filing, the jewellery retailer said it had received no-objection, no-dues and release letters from all 14 consortium banks. The company added that all mortgaged assets belonging to it, as well as those of its personal and corporate guarantors, had been ...
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