PC Jeweller Share Price Falls 6%, Down 13% In A Week
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PC Jeweller shares fell 6% on 16 September, extending their decline to over 13% in a week. The fall came even as the company reported strong Q1 growth and continued to reduce its outstanding bank debt.
PC Jeweller shares fell as much as 6% on Wednesday, 16 September, extending their decline for a fourth straight session.
The stock opened at ₹12.89 on the Bombay Stock Exchange (BSE) and slipped to an intraday low of ₹12.08. At the day's low, PC Jeweller shares were down around 13% over the past week.
Trading activity was also high during the session. Around 1,971.14 lakh shares changed hands on the National Stock Exchange (NSE), while the company's market capitalisation stood at ₹11,663.55 crore.
At 10:58 AM, the PC Jeweller share price stood at ₹12.16 on the NSE, down 5.59%.
PC Jeweller Clears Debt With Another Bank
The PC Jeweller said in an exchange filing on 10 September that it had repaid its outstanding debt to another bank under the settlement agreement signed on 30 September 2024.
With this repayment, the jewellery company has now cleared its dues with 11 of the 14 banks that were part of the consortium. The company said all these repayments were completed ahead of their scheduled due dates.
PC Jeweller has also repaid more than 96% of the outstanding debt owed to the remaining three banks. It expects to clear the balance, which is less than 4%, during the current month.
PC Jeweller Q1FY27 Results
PC Jeweller reported a consolidated net profit of ₹222 crore for the June 2026 quarter, up 37.2% from ₹153 crore in the same period last year.
Revenue from operations increased 21% year-on-year to ₹877 crore from ₹725 crore in Q1FY26.
The company's operating profit after tax, excluding other income, rose 168% to ₹213 crore in Q1FY27 from ₹79 crore a year earlier.
The latest results came alongside the company's progress in reducing its bank debt, with the remaining repayments expected to be completed this month.
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Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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