1:10 Stock Split By Gems & Jewellery Stock, December 16 Last Date; Investment Opportunity In The Small-Cap?

PC Jeweller has fixed December 16, 2024, as the record date or the purpose of sub-division / split of equity shares of the Company, such that 1 (One) equity share having face value of ₹ 10 (Rupees Ten Only) each, fully paid-up, be sub-divided / split into 10 (Ten) equity shares having face value of ₹ 1 (Rupee One Only) each.

Hence, the stock split ratio is of 1:10 ratio. This is the first ever stock split by PC Jeweller.

Generally, share splits mean that listed companies can split their existing shares into a ratio decided by them for a host of reasons. These could be done to improve liquidity, lessen the value of the stock, make it cheaper or simply attract new buying from both existing and new investors.

Should You Buy PC Jeweller Stock?

"PC Jeweller stock price is bullish on the Daily charts with strong support at 156. A Daily close above resistance of 165 could lead to a target of 187 in the near term," said, A R Ramachandran, Independent Research Analyst.

About PC Jeweller:

It all started when PC Jeweller first opened its first showroom in 2005 in Karol Bagh, New Delhi with a vision to redefine elegance, allure and style in the form of stunning pieces of jewellery. Today one of the fastest growing jewellery retail chain having showrooms across 67 cities and 17 states.

Since its inception, the company has been a pioneer in designs as every product is crafted to a standard of perfection. Whether it is elaborate wedding jewellery or affordable wearables, PC Jeweller has fashioned exceptional designs with unmatched quality. Over time, timeless treasures from PC Jeweller have helped intimate moments become lifetime memories.