PC Jeweller's Fundraising Move: Board Meeting Set for 10 July 2025
PC Jeweller's board of directors has scheduled a meeting on 10 July 2025 to approve fundraising plans through preferential allotment of securities, following a strong performance in the previous financial year.
PC Jeweller's board of directors has announced a board meeting on 10 July 2025 to discuss and approve the company's fundraising move through the issuance of securities. Earlier this month, the company reported a significant growth in standalone revenue for the April to June quarter of the financial year ending 2024-25.
The company also revealed that it has reduced its outstanding debt by more than 50% in the last fiscal year and aims to complete all payments to banks by the end of the 2026 fiscal year. This news has positively impacted PC Jeweller's stock prices, with shares closing 12.03% higher at ₹18.72 after the latest stock market session.
Over the past five years, PC Jeweller's shares have provided investors with over 1,085% returns, and in the last year alone, the stock has gained 229%. Currently, the shares are trading 49.47% higher in the last five stock market sessions and hit a 52-week high of ₹19.65 on 7 July 2025.
As of the close of the stock market on 7 July 2025, the company's market capitalization stands at ₹12,251.37 crore.