Shares of PC Jeweller came under pressure on January 8 after a sharp rise earlier in the week following the company’s third-quarter business update.
The stock had moved higher on the back of improved revenue performance, but subsequent selling reflected profit booking and broader market factors influencing investor sentiment, as per news reports.
PC Jeweller shares fell by around 3% during Thursday’s trading session after witnessing a strong rally earlier in the week.
The stock had previously gained more than 6%, reaching an intraday high of ₹10.13, following the release of the company’s Q3 FY26 business update.
Market participants cited profit booking, elevated gold prices, and overall market sentiment as factors contributing to the decline.
In its exchange filing dated January 4, PC Jeweller reported a year-on-year growth of approximately 37% in standalone revenue for the quarter ended December 2025. The company attributed the improvement to steady consumer demand during the festive and wedding season.
PC Jeweller reiterated its intention to move towards a debt-free position in the near term. As part of its expansion and support initiatives, the company submitted a proposal to the Directorate of Industries and Enterprises Promotion, Government of Uttar Pradesh.
The proposal outlines a plan to support trained goldsmith entrepreneurs in rural and semi-urban areas by establishing around 1,000 jewellery retail franchise units under the company’s brand.
As of 2:34 PM on January 8, PC Jeweller Limited shares were trading at ₹10.65, down ₹0.22 or 2.02% from the previous close. The stock had opened at ₹11.00 and moved between an intraday high of ₹11.16 and a low of ₹10.49. The previous closing price stood at ₹10.87.
Read More: PC Jeweller Share Price in Focus; Posts 37% YoY Revenue Growth in Q3 FY2026.
PC Jeweller’s recent share price movement reflects a period of consolidation after gains driven by its Q3 business update. While the company reported improved revenue performance and outlined strategic initiatives, near-term stock movements appear influenced by profit booking and prevailing market conditions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 8, 2026, 2:41 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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