Stock To Buy: This Jeweller Stock Climbed 84% In 1 Month, At Fresh 52-Week High

PC Jeweller Ltd. (PCJ) is a small-cap company that has a market capitalization of 2,008 crore. The share price of PC Jeweller Ltd. has shown a consistently bullish performance both in the short term and long term.

Stock to Buy: PC Jeweller Ltd. - NSE performance

The current market price of PC Jeweller Ltd. stood at Rs. 43.15/share on NSE, gaining by 9.94%, till last traded. In the last 5 days, the share price of this company has gained by 45.53% on NSE, and in the last 1 month, its share price has surged by 84.40%. In the past 6 months, its stock price has hiked by 58.93%. Additionally, in the last 1 year its stock price gained by 58.64%. In the recent period, the company has seen a sharp gain in volumes as well, indicating good buying interest in the stock.

The 52-week high level of this stock is Rs. 43.15, and the 52-week low level of this stock is Rs. 18.55.

Market capitalization	Current market price	5 days performance	1 Month performance
Rs. 2,008 crore	Rs. 43.15	45.53%	84.40%

Stock to buy: Analyst's opinion behind the rise

Commenting on the recent rise Dalal Street in a report said yesterday, "While on the financial front, the picture isn't that rosy as the company has not conducted any fresh export business in FY22. The domestic business has also declined by nearly vis-à-vis FY21. Having said that, the silver lining is that the company, however, continues to enjoy customer loyalty and brand recall. It has also continued to launch new collections and designs. The decline in turnover has been mainly on account of restrictions in operations and liquidity constraints after becoming NPA. However, the situation has now improved with a positive effect on the company's operations. The company has submitted its resolution plan to its consortium lenders and they have agreed to move ahead with processing the same."

Company information

According to data available with NSE, in Q4 FY22, the company's Total Income stood at Rs. 16,899 lakh, as against Rs. 60,018 lakh in the previous quarter. The company's Profit before tax (PBT) was reported at Rs. -27,880 lakh in Q4 FY22, as against Rs. -9,405 lakh in Q3 FY22. Additionally, its Net Profit stood at Rs. -17,901 lakh, as against Rs. -7,606 lakh in the earlier quarter.

PC Jeweller is India's leading fine jewellery discovery platform. They are selling BIS Hallmarked, 100% certified jewelleries. They have a wide range gold, diamond, silver and gemstone jewelleries.

Disclaimer

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