PC Jeweller jumps 6% on pledge to turn debt-free this quarter
PC Jeweller shares rose over 6% to an intraday high of ₹10.49 after the jewellery retailer posted ~21% YoY Q1FY27 revenue growth and said it will become debt-free in the current quarter, having cut over 90% of settlement-agreement debt since September 2024.
PC Jeweller shares jumped over 6% after the jewellery retailer reported ~21% YoY Q1FY27 revenue growth and said it will become debt-free this quarter, having cut over 90% of settlement-agreement debt since September 2024.
Why this matters
The move extends PC Jeweller's recent rally driven by 21% Q1 FY27 revenue growth and repeated debt-free targeting by the September quarter, reinforcing its balance-sheet turnaround narrative.
Retail-company theme accelerating, up 523300% QoQ.
Also reported by
- Mint · Markets — Same time