PC Jeweller share price skyrocketed 14 per cent in early trade on Monday, October 19, continuing the uptick momentum from the past week on the back of strong buying momentum. The small-cap jewellery stock started the session with a huge gap up at Rs 16.91, up from the last close of Rs 16.28 on NSE. PC Jeweller shares escalated the momentum further to hit an early high and a fresh 52-week high at Rs 18.63, surging 14.4 per cent from the last close. 

The stock has risen nearly 28 per cent in the last five trading sessions, and the recent two-session rally was driven by an investment from Cupid Chairman and MD Aditya Kumar Halwasiya. 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. 

Share Price History 

Last five trading sessions-  28 per cent (till morning on October 19)

In a month- 43 per cent

In the last six months - 87 per cent

This year till date - 95 per cent. 

In a year - 50 per cent. 

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Stock under surveillance

PC Jeweller's stock is rising, but it remains under the short-term Additional Surveillance Measure (ASM) framework on both the BSE and NSE. Exchanges place stocks under the short-term and long-term ASM framework to alert investors about potential risks associated with significant stock price fluctuations.

PC Jeweller recently informed the stock exchanges that all assets pledged by the company, its personal guarantors, and corporate guarantors have been released, and the original title deeds have been handed over to the respective holders.

Who is Halwasia?

Halwasia is Chairman and MD of Cupid. His investment portfolio includes companies in financial services, organised retail, banking, and defence technology.  He has invested in Tourism Finance Corporation of India, Bazaar Style Retail, Karnataka Bank, South Indian Bank, and Apollo Micro Systems.

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Halwasiya's Cupid is a listed company operating in the healthcare and consumer products sectors, with a market capitalisation of approximately Rs 46,733 crore.

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.