PC Jeweller shares in focus as firm becomes 'debt free'; stock near 52-week high

Shares of PC Jeweller Ltd are in focus today after the firm said it has achieved its financial objective of a 'Debt-Free status'. PC Jeweller shares ended flat at Rs 14.12 on Friday. Market cap of the firm stood at Rs 13,754 crore.

Total 136.58 lakh shares of the firm changed hands amounting to a turnover of Rs 19.44 crore. The stock has gained 64% in three months and risen 52% in 2026. The stock hit its 52-week high of Rs 14.87 on September 23 this year.

"The company has successfully discharged the remaining outstanding debt of the banks and has achieved its financial objective of a Debt-Free status. With today’s repayment, the company has successfully discharged all the outstanding debt of all the 14 consortium banks under the terms of Settlement Agreement dated 30 September 2024 with all repayments completed ahead of scheduled due dates. The accomplishment of a debt-free status will materially strengthen the company’s balance sheet and financial position," the firm said on September 25.

In terms of technicals, the relative strength index (RSI) of the stock stands at 66.6, signaling it's trading neither in the overbought nor in the oversold zone.

The stock trades higher than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day and 200 day moving averages.