PC Jeweller turns volatile; zooms over 140% from Friday's low

The stock surged 29% to Rs 471, bouncing back 141% from its Friday's intra-day low of Rs 195.

PC Jeweller turned volatile by surging 29% to Rs 471 on BSE in early morning trade on Monday in otherwise weak market. The stock of jewellery Company zoomed 141% from its Friday’s intra-day low of Rs 195.

At 09:42 AM; the stock was trading 16% higher at Rs 423 on BSE on back of heavy volumes. On comparision, the S&P BSE Sensex was down 0.89% at 34,755 points.

As many as a combined 22.25 million shares changed hands on the counter in first half-an-hour of trading on BSE and NSE.

Shares of PC Jeweller came under heavy