PC Jeweller share price jumped over 13%, touching an intraday high of ₹18.63 per share on NSE, in Monday's trading session defying the muted trend in the Indian stock market.
PC Jeweller stock opened at ₹16.91 per share today, as compared to previous close of ₹16.28 on Friday.
Meanwhile, Indian equity benchmarks opened nearly flat on Monday as investors assessed the quarterly results of major private sector lenders HDFC Bank and ICICI Bank, while elevated crude oil prices dampened market sentiment. The Nifty 50 slipped 0.02% to 23,140.5, while the BSE Sensex declined 0.05% to 74,691.38.
PC Jeweller share price witnessed a spurt in its trading volume on Monday. According to data available on NSE, around 5,336.92 shares changed hands during the intraday session on 19 October.
PC Jeweller is attracting significant investor interest days after announcing that it has achieved debt-free status. In a recent bulk deal, Cupid Chairman and Managing Director Aditya Kumar Halwasiya acquired 5.10 crore shares of the jewellery company for approximately ₹73.59 crore.