New Delhi. PC Jeweller shares rose more than 4 per cent per cent on Wednesday. The company announced that its board will meet soon to discuss the approval of the split of existing equity shares with a face value of Rs 10. The stock opened at Rs 156.70 on the BSE, up about 3.77 percent from its previous close of Rs 151. After this, the stock rose further and reached an intra-day high of Rs 157.30, which is also a new 52-week high.

The stock's 52-week low is Rs 25.45. Its shares closed at Rs 154.35 on NSE today, up 2.19 per cent. PC Jeweller said in an exchange filing, "In the same meeting, the board will also consider the appointment of new directors of the company." The company said that the trading window for trading/dealing in its shares for certain nominees is being closed with immediate effect. The company said that they will be able to trade in it only 2 days after the release of data for the quarter ended September 30, 2024. This stock has given a multi-bagger return of about 474 per cent in a year. So far this year, it has gained more than 203 per cent.

Financial status of the company:
In the June quarter, the company earned a revenue of Rs 401 crore. This was 492 per cent more on an annual basis. The company's net profit increased by 190 per cent on an annual basis to Rs 156 crore. Whereas in the same quarter of the previous financial year, the company had suffered a loss of Rs 171 crore. Shares of PC Jewelers have registered a rise of 452 per cent in the last 12 months.

About the Company
PC Jewellers is a leading Indian jewellery manufacturer and retailer engaged in the business of designing and selling jewellery made of gold, silver, diamonds, and other precious metals and gemstones. The company was founded in 2005 and is headquartered in Delhi. PC Jewellers claims to provide high-quality jewellery to customers through its retail stores across the country. The company's business is not limited to traditional jewellery sales but it is also reaching out to customers through online platforms. PC Jewellers has also made its mark through e-commerce, allowing people to buy jewellery from home.