PC Jeweller shares jump 5% to fresh 52-week high, market value swells by Rs 2,500 crore in 4 sessions
PC Jeweller shares hit a fresh 52-week high, extending a four-session rally to 20%. The stock has gained 64% in 2026 so far, supported by renewed investor optimism after the company repaid its outstanding debt ahead of schedule and achieved debt-free status.
PC Jeweller shares surged 5% on Monday, reaching a new 52-week high and continuing a 20% gain over the past four sessions. The stock climbed to Rs 15.50 per share, more than doubling in under seven months after hitting a low of Rs 7.47 in March. The rapid rise in share price has added over Rs 2,500 crore to the company's market capitalization, bringing it to approximately Rs 15,116 crore.
The rally was fueled by PC Jeweller completing all repayments on time and achieving a 'debt-free' status in late September. The settlement agreement with a consortium of 14 banks, led by State Bank of India, resolved a stressed loan book worth nearly Rs 4,100 crore as of March 2024. The debt-free status is expected to bolster the company's financial position.
PC Jeweller shares have posted significant gains in recent years, with a 458% increase over three years and 427% in five years. The stock has risen 64% in 2026 so far.
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