PCJ Share Price Surges 8% on Strong Q3 Business Update: Stock Market Today

Shares of PC Jeweller (PCJ) saw a notable surge on Monday as the company released its third-quarter business update for FY26. The stock grabbed investor attention, climbing up to 8% in early trades, reflecting optimism around the company’s quarterly performance.

Market Performance

• Intraday high: Rs 10.32 per share on NSE
• Closing around midday: Rs 10.08, up 5.55%

The jump in PCJ share price comes amid strong consumer demand during the festival and wedding season, highlighting resilience in the jewellery segment.

Strong Quarterly Revenue Growth

For the quarter ended December 31, 2025, PC Jeweller reported a 37% growth in standalone revenue compared to the same period last year.

The growth has been attributed to:

• Robust consumer spending in key markets
• Increased demand for gold and jewellery products during festive months

This performance demonstrates PCJ’s ability to capitalize on seasonal demand trends while continuing to strengthen its market position.

Strategic Initiatives and Expansion

PC Jeweller is also pushing forward with initiatives under the CM-YUVA scheme led by the Government of Uttar Pradesh. The company submitted a proposal to support trained goldsmith entrepreneurs in rural and semi-urban areas.

Key highlights:

• Aim to set up 1,000 jewellery retail franchise units with PC Jeweller
• Proposal approved for on-boarding as a franchise brand on the CM-YUVA portal
• Memorandum of Understanding (MoU) signed with CM YUVA Mission, Department of MSME and Export Promotion

This move aligns with government policies promoting entrepreneurship, skill development, and local employment generation, positioning PC Jeweller as a partner in regional growth.

Focus on Debt Reduction

PC Jeweller reaffirmed its commitment to achieving a debt-free status. Since signing a settlement agreement with banks on September 30, 2024, the company has successfully reduced its outstanding debt by approximately 68%.

The company continues to prioritize:

• Expanding its retail footprint
• Maintaining financial discipline
• Ensuring steady performance in upcoming quarters

Company Details at a Glance

Summary

PC Jeweller’s Q3 performance shows a strong revenue rebound backed by seasonal demand and strategic initiatives. With a clear focus on franchise expansion under CM-YUVA and a significant debt reduction, the company is reinforcing its path toward stability and growth.

PCJ share price showed strength in early trades, attracting attention from investors and market watchers, as confidence grows around the company’s ongoing business initiatives.

Source: Moneycontrol