The shares of PC Jeweller continued gaining momentum despite volatility in the domestic stock market, rising over 5 per cent to hit an intraday and fresh 52-week high at Rs 19.13 on NSE. The stock surged over 25 per cent in the past week and over 40 per cent in the last 30 days.

The small-cap jewellery stock started the session with a huge gap at Rs 18.75 against last day's closing of Rs 18.13. The stock escalated further to hit an intraday high at Rs 19.13, up 5.2 per cent. 

The stock has been hitting fresh 52-week highs for the past few sessions. Today's rally might be fueled by the stock being removed from the additional surveillance measures (ASM Stage 1) list from October 21. 

The stock later lost most of its early gains amid a sell-off in the stock market. Last seen, PC Jeweller stock was trading at Rs 18.28, up 0.83 per cent or Rs 0.15.

Share Price History

According to NSE data till 2:45 PM. The PC Jeweller shares performance history is as follows: 

Last five days: 25 per cent

Last month: 42.53 per cent

This year to date: 96 per cent

In a year: 50 per cent

Last three years: 470 per cent 

Last 5 years: 540 per cent

Also Read: SBI Confirms Data Breach: 3,897 Customer Records Exposed Among 3.75 Lakh Dark Web Entries

Key Reasons Behind Rally In PC Jeweller Shares

1- Earlier, last month, the Delhi-based company announced that it repaid outstanding loans of all 14 consortium banks, achieving a debt-free status. 

2- Recently, an investment from Cupid Chairman and MD Aditya Kumar Halwasiya brought the stock into focus. In a recent exchange filing, the company informed that he purchased 51 million equity shares of PC Jeweller Limited at a price of Rs 14.43 per share, spending a value of approximately Rs 73.59 crore. The purchase was made on October 15, 2026.

3- PC Jeweller's stock was under the short-term Additional Surveillance Measure (ASM) framework on both the BSE and NSE. Now, the stock has been removed from ASM Stage 1. 

Exchanges place stocks under the short-term and long-term ASM framework to alert investors about potential risks associated with significant stock price fluctuations.  

Stock Market Today 

The domestic stock market remained highly volatile today. Earlier, key equity indices--Sensex, Nifty--traded higher in early trade. However, it lost momentum soon. Last seen, Sensex was trading at 73,346.70, down 0.69 per cent or 506.20 points. 

Nifty50 was quoted at 22,691.10, down 0.86 per cent or 197.85 points. 

Disclaimer: This story is for informational purposes only. It should not be considered investment advice. Please seek advice from a registered advisor before investing.