This Penny Stock Quadrupled Wealth in 5 Years, Attracting Retail Investor Bets

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PC Jeweller: Retail Investors Bet Big, Stock Quadruples in 5 Years

सितंबर 2024 में बैंकों के साथ हुए सेटलमेंट के बाद से कंपनी ने अपने कुल कर्ज में 68% की भारी कमी की है.

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News18•22-02-2026, 16:36

PC Jeweller: Retail Investors Bet Big, Stock Quadruples in 5 Years

•Retail investors' stake in PC Jeweller surged fivefold quarter-on-quarter in the December quarter, reaching 20.98%.
•The company reported a 31% jump in net profit to Rs 190 crore and a 37% increase in revenue to Rs 875 crore in the December quarter.
•PC Jeweller has significantly reduced its debt by 68% since September 2024 and aims to become debt-free by March 2026.
•The company plans to open 100 large franchise showrooms within the next 12 to 18 months.
•The stock has quadrupled investors' money in the last 5 years, rising from Rs 2.99 to Rs 10.07.

Read Full Article on News18 in Hindi

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