!Jewellery Stock Under ₹20: !PC Jeweller Shares Rise 4% After Q1 Results; Key Details

$PCJEWELLER Share Price: Shares of PC Jeweller Limited gained nearly 4% in Tuesday’s intraday trading after the jewellery retailer reported its financial performance for the first quarter of FY27. the stock was trading 2.34% higher at ₹10.05 on the BSE, with the company’s market capitalisation standing at around ₹8,683 crore. The stock touched an intraday high of ₹10.56 and a low of ₹9.98 during the session. PC Jeweller Q1 FY27 Performance PC Jeweller posted a consolidated net profit of ₹222 crore for Q1 FY27, registering a 37.2% year-on-year increase from ₹153 crore reported in the same quarter last year. Revenue from operations climbed 21% YoY to ₹877 crore during the June quarter, reflecting continued improvement in the company’s business performance. On a standalone basis excluding other income, profit after tax surged 168% YoY to ₹213 crore, compared with ₹79 crore in Q1 of the previous financial year. ₹2,702 Crore Preferential Issue Completed During the quarter, PC Jeweller completed its ₹2,702 crore preferential issue of fully convertible warrants. The fundraising is expected to support the company’s capital requirements and future expansion plans. Board Approves ₹1,000 Crore QIP PC Jeweller’s board of directors has also approved a proposal to raise approximately ₹1,000 crore through a Qualified Institutional Placement (QIP). The company’s future growth trajectory will depend on effective utilisation of the funds, expansion initiatives and other strategic measures aimed at strengthening its business. Key Points to Watch Q1 FY27 net profit: ₹222 crore, up 37.2% YoY Revenue from operations: ₹877 crore, up 21% YoY PAT excluding other income: ₹213 crore, up 168% YoY Preferential issue completed: ₹2,702 crore Proposed QIP: Around ₹1,000 crore Intraday high: ₹10.56 Stock price at 3 pm: ₹10.05 Market capitalisation: Around ₹8,683 crore Investment in securities market are subject to market risks. Read all the related documents carefully before investing,