India's PC Jeweller hits over three-month high after strong quarterly results

Titan

29/05/2026 05:54

** PC Jeweller PCJE.NS shares rise 11.5% to 10.25 rupees, extending gains to a seventh straight session
** On Thursday, the jewellery maker reported a 61.3% jump in quarterly net profit; revenue from operations up 32.7%
** Company reappoints Bairam Garg as Managing Director for the next 5 years 
     ** PCJE holds trailing 12-month PE of 13.61 vs industry median of 11.99 
** YTD, stock up 7.7%
** Peers Titan TITN.NS and Kalyan Jewellers KALN.NS rise 2.1% and fall 25.3% respectively since the start of 2026
** Nifty Consumer Durables Index .NIFCODU down 3.6% YTD
     

(Reporting by Abhinav Parmar in Bengaluru)
((Abhinav.Parmar@thomsonreuters.com;))