INSUBCONTINENT EXCLUSIVE:
Shares of PC Jeweller fell as much as 8.1% on Tuesday to Rs 17.20 on BSE after both BSE and NSE placed the stock under the short-term
Additional Surveillance Measure (ASM) framework.The decline comes after a sharp rally in recent sessions
update for the June quarter (Q1FY26).In a filing last week, PC Jeweller reported that its standalone revenue for Q1FY26 rose approximately
80% compared to the same period last year
goodwill.Despite volatility in gold prices, the jeweller cited strong sales traction during the wedding and festive season as a key driver
target of becoming debt-free by the end of FY26.The recent rally has pushed the stock into overbought territory, with the Relative Strength
The stock is trading above all eight of its key simple moving averages, from the 5-day to the 200-day, indicating underlying bullishness
The Moving Average Convergence Divergence (MACD) also remains above both the signal and center lines, with a reading of 0.9.PC Jeweller has
delivered stellar returns across time frames
The stock is up 50.5% over the past month, 42% in three months, and 17% over the last six months
On a one-year basis, it has soared 249%.Also read | PC Jeweller surges 33% in 2 days after upbeat Q1 update(Disclaimer: Recommendations,
suggestions, views and opinions given by the experts are their own
These do not represent the views of TheIndianSubcontinent)
