PC Jeweller Ltd. is witnessing a strong rally following

PC Jeweller Ltd. is witnessing a strong rally following a major investment by Aditya Kumar Halwasiya, Chairman and MD of Cupid Ltd., who purchased 5.10 crore shares worth approximately ₹73.59 crore at an average price of ₹14.43 per share through a bulk deal on October 15, 2026, acquiring around a 0.52% stake in the company. The buying has improved investor sentiment, while PC Jeweller has also achieved debt-free status after clearing outstanding dues of approximately ₹3,000 crore to all 14 consortium banks ahead of schedule. Additionally, the company reported around 28% year-on-year revenue growth in its Q2 FY27 business update, and its board is scheduled to consider the September-quarter financial results on October 21, 2026