PC Jeweller Share Price Falls 4.4% on July 14; Stock in Focus After Rs 500 Crore Fundraiser Plan & Q1 Update

Shares of PC Jeweller Ltd. this morning slipped by 4.4%, trading at Rs. 16.76 intraday low after touching a new 52-week high earlier this week. This multibagger stock saw its shares decline just days after the company announced plans to raise Rs. 500 crore via preferential allotment and also its Q1 FY26 business update

PC Jeweller Share Price Performance

As of 12: 30 PM PC Jeweller shares wer trading at Rs. 16.87 down 2.77% after rising slightly from the intraday low. The stock has been among the top-performing multibaggers in the past year. Despite today's dip of 3.40%, the PC Jewellers shares have surged 36.93% in the past month, 12.87% over six months, and an impressive 137.06% in the last year. In the last 5-year horizon, PC Jeweller has delivered a huge 1,039.46% return. The stock saw a mild correction this week, slipping 5.36% in the past five trading sessions.

Rs 500 Crore Fundraising & Debt Reduction Plans

The PC Jeweller board recently approved a fundraising of up to Rs. 500 crore via preferential allotment on a private placement basis. The main objective behind this is to strengthen the company's balance sheet and support future expansion. the firm also is moving closer to becoming debt-free.

The company has made substantial progress on that front. As per the exchange filing, the company announced that, "during FY 2024-25, PC Jeweller reduced its total bank borrowings by over 50%, settling a large loan with a 14-bank consortium led by SBI in September 2024. Further, in the June 2025 quarter, it lowered outstanding debt by another 7.5%, due to aggressive deleveraging. The firm is looking forward to its goal of becoming completely debt-free by the end of FY26."

PC Jeweller Q1 FY26 Business Update

In its Q1 FY26 business update, PC Jeweller expects approximately 80% standalone revenue growth compared to the same quarter last year, despite fluctuations in gold prices. The surge in sales was primarily driven by high demand for wedding and festive jewellery, showing strong consumer sentiment.

The management further emphasiszed their efforts to reducing debt and improving financial health of the company. PC Jewellers expects to achieve complete debt discharge by FY26 with operational discipline.

About PC Jeweller Ltd.

PC Jeweller Limited is a jewellery brand headquartered in New Delhi, India. The company was established in April 2005 founded by Padam Chand Gupta and Balram Garg. PC Jeweller operates 50 showrooms across 38 cities in 13 states and union territories. The company is involved in the manufacture, export, wholesale, and retail of gold and diamond jewellery. PC Jewllars got listed on the stock exchange on December 2012.