Archive · 30 May 2025
PC Jewellers Shares Rise After Turning Profitable
PC Jewellers, a jewelry company, saw its stock price go up.
This happened because the company made a profit in the last financial quarter, after having losses the year before.
Also, the company changed some financial instruments called warrants into regular shares of stock.
The company has stores across the country.
The company's stock had performed well in the past, but has corrected slightly recently.
This positive news caused the stock price to increase slightly.
PC Jewellers' stock gained after four days of consecutive fall.
The company allotted equity shares upon conversion of warrants.
The stock opened at Rs 12.63 on the BSE.
The company turned profitable in the January-March quarter.
The company's total income also increased.
- Who
- PC Jewellers Ltd.
- What
- PC Jewellers' stock gained after the company announced the conversion of warrants and reported a profitable quarter.
- When
- In the January-March quarter of the 2024-25 fiscal year.
- Where
- BSE
- Why
- Due to the company turning profitable and the conversion of warrants into equity shares.
- Stock High Today
- Rs 12.74
- Previous Closing Price
- Rs 12.61
- Market Cap
- Rs 8,014 crore
- Q4 Consolidated Net Profit
- Rs 94.78 crore
- Full Fiscal Year 2024-25 Consolidated Net Profit
- Rs 577.70 crore
- One Year Return
- 170%
- Two Year Return
- 413%