PC Jeweller surged 12.81% to Rs 369 at 15:29 IST on BSE on bargain hunting after declining 25.95% in the preceding three trading sessions to settle at Rs 327.10 yesterday, 16 November 2016, from its close of Rs 441.70 on 10 November 2016.
Meanwhile, the S&P BSE Sensex was down 71.07 points or 0.27% at 26,227.62
On BSE, so far 2.71 lakh shares were traded in the counter as against average daily volume of 44,155 shares in the past one quarter. The stock hit a high of Rs 372.95 and a low of Rs 318.70 so far during the day. The stock had hit a record high of Rs 531 on 15 September 2016. The stock had hit a 52-week low of Rs 288.75 on 15 November 2016.
The mid-cap company has equity capital of Rs 179.10 crore. Face value per share is Rs 10.
Net profit of PC Jeweller rose 31.2% to Rs 106.59 crore on 10.2% rise in net sales to Rs 1664.45 crore in Q1 June 2016 over Q1 June 2015.
PC Jeweller is one of the leading jewellery companies in India in the organized jewellery retail sector.
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