Company Profile

PC JEWELLER LTD.

NSE : PCJEWELLERBSE : 534809ISIN CODE : INE785M01013Industry : Diamond & JewelleryHouse : Private
BSE12.720.6 (+4.95 % )
PREV CLOSE (Rs.) 12.12
OPEN PRICE (Rs.) 12.72
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 88190
TODAY'S LOW / HIGH (Rs.)12.72 12.72
52 WK LOW / HIGH (Rs.)7.8 167.6
NSE12.60 0.6 (+5 % )
PREV CLOSE(Rs.) 12.00
OPEN PRICE (Rs.) 12.60
BID PRICE (QTY) 12.60 (187504 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 576462
TODAY'S LOW / HIGH(Rs.) 12.60 12.60
52 WK LOW / HIGH (Rs.)7.75 163.5

Company News

Date Heading Details
12-Mar-2020 Jewellery stocks plunge as Gems, jewellery exports drop 20% in February <p align="justify">Jewellery sector stocks were trading lower as India's gems and jewellery exports declined by 20.26 percent to Rs 20,763.28 crore in February, hit by the global outbreak of Covid-19, credit crunch and customs issues. <p align="justify">PC Jeweller is currently trading at Rs. 11.55, down by 1.55 points or 11.83% from its previous closing of Rs. 13.10 on the BSE. <p align="justify">Thangamayil Jewellery is currently trading at Rs. 364.00, down by 42.75 points or 10.51% from its previous closing of Rs. 406.75 on the BSE.<p align="justify">Titan Company is currently trading at Rs. 1084.95, down by 103.90 points or 8.74% from its previous closing of Rs. 1188.85 on the BSE.<p align="justify">The Gem and Jewellery Export Promotion Council (GJEPC) Vice Chairman Colin Shah said the fall in gems and jewellery exports has been happening over some time due to the global economic slowdown coupled with the industry struggling with credit crunch and customs issues. Now the global outbreak of Covid-19 has added to the existing issues. The overall exports declined by 6.38 per cent to Rs 2,36,839.34 crore during April 2019 to February 2020, compared to Rs 2,52,973.24 crore during the same period last year. <p align="justify">Meanwhile, shipments of cut and polished diamonds (CPD) in February fell by 40.66 per cent to Rs 9,897.14 crore, compared to Rs 16,679.94 crore in the same month last year. CPD exports during April 2019 to February 2020 declined by 18.71 per cent to Rs 1,24,880.11 crore, from Rs 1,53,621.64 crore registered during April 2018 to February 2019. However, gold jewellery exports in February went up by 28.26 per cent to Rs 8,106.96 crore from Rs 6,320.88 crore in the same month of 2019. Gold jewellery exports from April 2019 to February 2020 grew by 7.27 per cent to Rs 80,088.38 crore, from Rs 74,661.63 crore earlier. </p>
03-Feb-2020 Board Meeting Intimation for Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2019. PC JEWELLER LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2020 ,inter alia, to consider and approve the un-audited standalone and consolidated financial results of the Company for the quarter and nine months ended December 31, 2019.
01-Jan-2020 PC Jeweller informs about trading window closure <P align=justify>PC Jeweller has informed that in terms of the Company's ‘Code of Conduct to Regulate, Monitor and Report Trading by Insiders', the Trading Window for trading / dealing in the shares of the Company shall remain closed with effect from January 1, 2020 for the purpose of consideration and approval of un-audited financial results of the Company for the quarter and nine months ending December 31, 2019. The date of re-opening of Trading Window will be notified in due course.&nbsp;<P align=justify>The above information is a part of company's filings submitted to BSE.
29-Nov-2019 CARE Ratings downgrades rating to Fixed Deposit Programme of PC Jeweller <p align="justify">Credit rating agency, CARE Ratings has downgraded the rating to the Fixed Deposit Programme of PC Jeweller to ‘B (FD) Stable'. The revision in the rating assigned to the medium term instrument of the company factors in stressed liquidity position and deterioration in the financial flexibility of the company as reflected in instances of overutilization of its fund based and non-fund based limits in past few months, continuous decline in market capitalization and declining cash and bank balance.<br></p><p align="justify">PC Jeweller is engaged in manufacturing jewelry products. It offers gold and diamond jewelry and silver articles. Its products include bangles, bracelets, earrings, pendant set, necklaces, pendant, nose rings and rings.<br></p>
06-Nov-2019 PC Jeweller settles case with SEBI <p align="justify">PC Jeweller has settled a case with markets regulator, Securities and Exchange Board of India (SEBI) regarding alleged non-disclosure of certain information about a buyback offer that was withdrawn later. The company paid Rs 19,12,500 towards a full and final settlement of the alleged default. </p><p align="justify">PC Jeweller is engaged in manufacturing jewelry products. It offers gold and diamond jewelry and silver articles. Its products include bangles, bracelets, earrings, pendant set, necklaces, pendant, nose rings and rings.<br></p>
06-Nov-2019 PC Jeweller informs about board meeting <p align="justify">PC Jeweller has informed that the meeting of the Board of Directors of the Company is scheduled on 14/11/2019, to consider and approve the un-audited standalone and consolidated financial results of the Company for the quarter and six months ended September 30, 2019. In view of the same in terms of the Company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders, Trading Window for trading in the shares of the Company has already been closed with effect from September 30, 2019 and shall remain closed till November 16, 2019.&nbsp;<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
12-Aug-2019 PC Jeweller informs about newspaper advertisement <p>PC Jeweller has informed about newspaper advertisement given pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.&nbsp;<p>The above information is a part of company's filings submitted to BSE.</p>
31-May-2019 PC Jeweller reports net loss of Rs 377 crore in Q4 <p align="justify">PC Jeweller has reported results for the fourth quarter and year ended March 31, 2019.&nbsp; <br></p><p align="justify">The company has reported a net loss of Rs 376.80 crore for the quarter ended March 31, 2019 against net profit of Rs 118.28 crore for the same quarter in the previous year. However, total income of the company increased marginally by 4.22% at Rs 2,203.97 crore for quarter under review as compared to Rs 2,114.64 crore for the quarter ended March 31, 2018.<br></p><p align="justify">For the year ended March 31, 2019, the company has posted a net loss of Rs 2.81 crore against net profit of Rs 567.40 crore for the previous year. Total income of company decreased by 11.76% at Rs 8,461.17 crore for year under review as compared to Rs 9,588.54 crore for year ended March 31, 2018.<br></p><p align="justify">For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 99.89% in its net profit at Rs 0.61 crore as compared to Rs 535.64 crore for the previous year. Total income of company decreased by 9.71% at Rs 8,764.28 crore for year under review as compared to Rs 9,707.13 crore for year ended March 31, 2018.<br></p>
31-May-2019 PC Jeweller declines on reporting net loss of Rs 377 crore in Q4 <p align="justify">PC Jeweller is currently trading at Rs. 77.35, down by 3.20 points or 3.97% from its previous closing of Rs. 80.55 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 73.00 and has touched a high and low of Rs. 79.75 and Rs. 73.00 respectively. So far 3560121 shares were traded on the counter.<br><br>The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 175.00 on 31-May-2018 and a 52 week low of Rs. 46.90 on 26-Oct-2018.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 105.90 and Rs. 73.00 respectively. The current market cap of the company is Rs. 3076.28 crore.<br></p><p align="justify">The promoters holding in the company stood at 57.59%, while Institutions and Non-Institutions held 17.42 % and 24.99 % respectively.<br></p><p align="justify">PC Jeweller has reported a net loss of Rs 376.80 crore for the quarter ended March 31, 2019 against net profit of Rs 118.28 crore for the same quarter in the previous year. However, total income of the company increased marginally by 4.22% at Rs 2,203.97 crore for quarter under review as compared to Rs 2,114.64 crore for the quarter ended March 31, 2018.</p><p align="justify">For the year ended March 31, 2019, the company has posted a net loss of Rs 2.81 crore against net profit of Rs 567.40 crore for the previous year. Total income of company decreased by 11.76% at Rs 8,461.17 crore for year under review as compared to Rs 9,588.54 crore for year ended March 31, 2018.</p><p align="justify">For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 99.89% in its net profit at Rs 0.61 crore as compared to Rs 535.64 crore for the previous year. Total income of company decreased by 9.71% at Rs 8,764.28 crore for year under review as compared to Rs 9,707.13 crore for year ended March 31, 2018.<br></p>
21-May-2019 PC Jeweller to open new showroom in Haryana <p align="justify">PC Jeweller is opening its new showroom at Sirsa in the state of Haryana on May 25, 2019. The new showroom will be located at Huda Complex, Sirsa.<br></p><p align="justify">PC Jeweller is engaged in manufacturing jewelry products. It offers gold and diamond jewelry and silver articles. Its products include bangles, bracelets, earrings, pendant set, necklaces, pendant, nose rings and rings.<br></p>