By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Jewellery stock to be in focus as company clears debt to one more bank, eyes complete debt-free status
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Jewellery stock to be in focus as company clears debt to one more bank, eyes complete debt-free status

BusinessStartup

Jewellery stock to be in focus as company clears debt to one more bank, eyes complete debt-free status

India Times Now Desk
Last updated: September 10, 2026 10:49 am
India Times Now Desk
Published: September 10, 2026
Share
SHARE


Shares of Delhi-based jewellery company PC Jeweller will be on investors’ radar as the company has informed exchanges that it has fully cleared and repaid its outstanding debt to one more bank. With this, the firm has settled all liabilities across 11 out of 14 consortium banks, executing each repayment ahead of its scheduled due dates. According to the company, it is eyeing complete debt-free status in September. 

“The company has discharged more than 96 per cent of the outstanding debt of the remaining 3 banks as well. The company remains firmly on track to discharge the remaining less than 4 per cent of the outstanding debt of the remaining 3 banks and achieve a debt-free status in the current month itself,” the filing reads 

Share price today 

The stock ended the trading session in the red at Rs 13.79, down Rs 0.09, or 0.65 per cent, from the previous close of Rs 13.88 on the BSE. The market cap of the company stood at Rs 13,390.83 crore. During the day, the stock touched the intraday high of Rs 14.35 and an intraday low of Rs 13.70. 

The stock’s 52-week high is Rs 15.38, touched on August 17, 2025, and a 52-week low of Rs 7.45, hit on March 30, 2026. 

The stock underperformed the sector by 0.35 per cent and, based on 2 per cent of the five-day average traded value, the stock was liquid enough for a trade size of Rs 29.85 crore.

Technically, the stock traded higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. 

Relative strength index

Meanwhile, the BSE placed the stock under the Short Term Additional Surveillance Measure Stage 1 (ST ASM-1) framework during today’s trading session.

The stock’s 14-day relative strength index (RSI) is 82.46. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued.

Q1 profit rises 37%

The company posted a 37 per cent increase in its consolidated net profit to Rs 221.88 crore for the quarter ended June on better revenue. Its net profit stood at Rs 161.93 crore in the year-ago period. Total income rose to Rs 879.27 crore in the first quarter of this fiscal year from Rs 807.88 crore in the corresponding period of the preceding year.

ALSO READ:

Gold, silver rise on MCX amid firm demand as dollar remains muted | Check city-wise rates





Source link

Budget 2026: Will infra spending for key projects be increased? Here’s what Industry leaders demand
Gold hits new record high of Rs 1,41,388, silver rallies Rs 13,000 – Will they gain further? | Check city-wise rates
128% Return YTD: Defence stock in focus as company shares update on acquisition – Check details
Jewellery stock on investors’ radar on signing MoU with National Skill Development Corporation
Silver surges Rs 13,584 on MCX, gold too gains amid geopolitical tensions | Check city-wise rates
TAGGED:BankclearscompanyCompletedebtdebtfreeeyesfocusJewelleryPC JewellerPC Jeweller share priceSensexstatusstockstock in focusstock market
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

It’s time for Tamil Nadu to segregate solid waste at source

India Times Now Desk
India Times Now Desk
July 4, 2026
Cooperatives can be powerful vehicles for social justice, says Nandini Azad
Candlelight vigil held in solidarity with Sonam Wangchuk’s hunger strike
Boy denied admission to special school hostel
House of AIADMK functionary burgled near Arakkonam
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?