PC Jeweller shares jump 4%, surge 38% in one week. What's polishing the stock's shine?
PC Jeweller shares have surged 38% in a week and 40% in a month as the company moves closer to becoming debt-free. The jeweller has repaid outstanding dues to 10 of 14 consortium banks and cleared more than 96% of the remaining debt.
PC Jeweller shares surged by 4% on Wednesday, reaching Rs 14.08 apiece after the company announced it had cleared outstanding debt with another bank. This move has put the jeweller on track to become debt-free by the end of the month. The stock has gained 38% over the past week, with a 40% increase in one month and 50% growth so far in 2026. In the long run, PC Jeweller has delivered robust returns, with nearly 400% growth over three years and 430% over five years.
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