India's PC Jeweller rises on posting quarterly profit

PC Jeweller

05/02/2025 04:20

** Shares of PC Jeweller  PCJE.NS  up 4.9% to 15.7 rupees 
    ** Co posts Q3 consolidated net profit of 1.48 billion
rupees ($17 million) vs loss of 1.98 billion rupees a year ago
    ** Rev soars nearly 16x to 6.39 bln rupees on higher demand
for jewellery during the festival and wedding season
    ** Stock has been above its 200-day simple moving avg since
Dec 2023, indicating bullish sentiment
    ** PCJE rose nearly 240% in 2024


($1 = 87.1250 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))