Business
India's PC Jeweller surges on robust June quarter sales
India's PC Jeweller surges on robust June quarter sales
About this update from Pc Jeweller Ltd.
** Shares of PC Jeweller NSE:PCJEWELLER up 15.8% to 16.2 rupees** Co says June-qtr standalone rev grew 80% y/y on high demand due to wedding or festive purchases ** Co reduces outstanding debt by ~7.5% in June-qtr, targeting to be debt free by end of FY26** Stock set to rise most in a session since Dec 19, 2023; on track to rise for fourth straight session** More than 314 mln shares traded, ~15x its 30-day moving avg** Shares traded most since Jan 2, 2024** PCJE up 3% YTD