PC Jeweller jumps 13% as debt repayment and 21% revenue growth fuel rally
PC Jeweller shares surged over 13% to a day high of Rs 10.93 after the retailer repaid dues to two of 14 consortium banks, targeting debt-free status this quarter. Q1 FY27 revenue rose 21% YoY, with debt cut by over 90%. Valuation reads PE 14.92, PB 3.11, RoE 20.94; RSI at 69.84 nears overbought.
PC Jeweller shares jumped over 13% after the jewellery retailer repaid outstanding debt to two of 14 consortium banks, targeting debt-free status this quarter alongside 21% YoY Q1 FY27 revenue growth.