SBI holds 2.70% Stake & LIC holds 1.03% stake: Multibagger Penny Stock Under Rs 20 from Jewellery Sector Jumps 8.54% on June 11
The stock gave multibagger returns of over 160 per cent from its 52-week low of Rs 5 per share and a whopping 1,000 per cent in 5 years.
Today, shares of PC Jeweller Ltd jumped 8.54 per cent to Rs 13.22 per share from its previous closing of Rs 12.18 per share with heavy volume. The stock’s 52-week high is Rs 19.60 per share and its 52-week low is Rs 4.41 per share. The shares of the company saw a spurt in volume by more than 5 times on the BSE.
PC Jeweller Ltd is an Indian company that designs, manufactures, sells and trades gold, platinum, diamond and silver jewellery. They operate across India with multiple brands, including Azva, Swarn Dharohar and LoveGold and even created commemorative medallions for the Cricket World Cup. The company reduced the debt by 52 per cent to Rs 2,151 crore compared to Rs 4,150 crore in March 2024.
Quarterly Results: The net sales increased by 1,356 per cent to Rs 699 crore in Q4FY25 compared to Q4FY24. The company reported a turnaround net profit of Rs 95 crore in Q4FY25 compared to a net loss of Rs 122 crore in Q4FY24: increasing 178 per cent.
Annual Results: The net sales increased by 272 per cent to Rs 2,245 crore in FY25 compared to FY24. The company reported a turnaround net profit of Rs 578 crore in FY25 compared to a net loss of Rs 629 crore in FY24; increasing 192 per cent YoY.
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Recently, the company has allotted 3,08,42,400 equity shares with a face value of Re 1 each. This allotment was made to one allottee from the 'Promoter Group' upon the conversion of 30,84,240 Warrants. The conversion followed the sub-division of the company's equity shares from Rs 10 each to Re 1 each, effective December 16, 2024. The company received the balance amount of Rs 13,00,00,716 (Rupees Thirteen Crore Seven Hundred Sixteen Only) at a rate of Rs 42.15 per Warrant (75 per cent of the Issue Price), by SEBI regulations. The newly allotted shares will rank pari passu with the existing equity shares. Consequently, the paid-up equity share capital of the company has increased from Rs 654,45,34,100 (comprising 654,45,34,100 equity shares of Re 1 each) to Rs 657,53,76,500 (comprising 657,53,76,500 equity shares of Re 1 each).
PC Jeweller Limited has an ex-traded stock split of each of its existing 1 equity shares, each with a face value of Rs 10, into 10 smaller shares, each with a face value of Re 1. The record date for the stock split was Monday, December 16, 2024. The company has a market cap of over Rs 8,000 crore. As of March 2025, State Bank of India (SBI) holds a 2.70 per cent stake and the Life Insurance Corporation of India (LIC) owns a 1.03 per cent stake in the company. The stock gave multibagger returns of over 160 per cent from its 52-week low of Rs 5 per share and a whopping 1,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.