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PC Jeweller shares skyrocket following positive Q1 update
Business
PC Jeweller's stock shot up 33% in just two days, fueled by an impressive 80% jump in revenue for Q1FY26.
The company called the quarter "very promising," with share prices reaching ₹18.69 on the BSE.
PC Jeweller shines amid gold price fluctuations
Big sales during wedding and festive seasons helped PC Jeweller shine, even as gold prices bounced around.
For anyone watching the market, it's a sign that smart moves can pay off—especially when a company keeps customers coming back.
Management optimistic about continued growth ahead
PC Jeweller slashed bank debt by over half last year and trimmed another 7.5% this quarter, aiming to be debt-free by FY26-end.
Management credits revamped operations and loyal customers for the boost, while investors are hopeful about continued growth ahead.