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Delhi-Based Jewellery Stock Climbs After Strong Quarterly Performance
PC Jeweller’s stock jumped approximately 6% after a strong December quarter showing, boosted by demand momentum and improved financials.
Shares of PC Jeweller rose sharply as investors reacted to the company’s strong performance in the December quarter, with robust revenue growth and improving margins driving buying interest. The stock gained around 6% on January 5 even as broader markets showed mixed sentiment. that healthy demand trends in the jewellery segment, supported by festive season sales and sustained consumer interest in gold and diamond ornaments, underpinned the uptick.