PCJEWELLER

** PC Jeweller PCJE.NS rises 3.5% to 15.54 rupees after Q1 results

** Consolidated net profit up 5% y/y, revenue jumps 81% as elevated gold prices helped boost co's bottomline

** YTD, PCJE down 1.8%

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

Aug 1 - India's PC Jeweller PCJE.NS posted a rise in first-quarter profit on Friday, as elevated gold prices helped the company boost its bottomline.

The jewellery retailer's consolidated net profit grew 5% to 1.62 billion Indian rupees ($18.58 million) in the quarter ended June 30. Its revenue from operations jumped 81% to 7.25 billion rupees.

KEY CONTEXT

Indian jewellery retailers are keeping pace with soaring gold rates by raising their own price tags. Spot gold XAU= climbed 5.5% in the quarter ended June 30, continuing a bullish run fueled by investor flight to safe-haven assets amid U.S. trade jitters and Middle East tensions.

Analysts say the rally has been a golden opportunity for local jewellers, padding their earnings even as buyers shift to lighter, more affordable pieces.

Peer Titan TITN.NS, too, reported higher domestic sales, benefiting from the rise in gold prices.

PEER COMPARISON

* Mean of analysts' ratings standardised to a scale of strong buy, buy, hold, sell, and strong sell

** Ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

*** There is no available data for PC Jeweller

APRIL-JUNE STOCK PERFORMANCE

-- All data from LSEG

-- $1 = 87.1760 Indian rupees

(Reporting by Manvi Pant and Praveen Paramasivam; Editing by Shailesh Kuber)

(([email protected]; +918447554364;))

** Shares of PC Jeweller Ltd PCJE.NS sink 7.8% to 17.23 rupees, look set to snap 5-day winning run

** India's BSE and National Stock Exchange (NSE) place jeweller under short-term additional surveillance measure

** PCJE fell as much as 10% earlier in the day

** Stock rose ~52% in the last five sessions

** So far this year, PCJE up ~9%

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

** Shares of PC Jeweller PCJE.NS up 4.9% to 15.7 rupees

** Co posts Q3 consolidated net profit of 1.48 billion rupees ($17 million) vs loss of 1.98 billion rupees a year ago

** Rev soars nearly 16x to 6.39 bln rupees on higher demand for jewellery during the festival and wedding season

** Stock has been above its 200-day simple moving avg since Dec 2023, indicating bullish sentiment

** PCJE rose nearly 240% in 2024

($1 = 87.1250 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

Feb 4 (Reuters) - PC Jeweller Ltd PCJE.NS:

• Q3 CONSOL NET PROFIT 1.48 BILLION RUPEES

• Q3 CONSOL REVENUE FROM OPERATIONS 6.39 BILLION RUPEES

Further company coverage: PCJE.NS

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Dec 11 (Reuters) - PC Jeweller Ltd PCJE.NS:

• PC JEWELLER LTD - TO ISSUE 51.7 MILLION EQUITY SHARES TO CONSORTIUM LENDERS

• PC JEWELLER LTD - ISSUE PRICE AT 292 RUPEES PER SHARE

• PC JEWELLER - ISSUE OF SHARES TO CONSORTIUM LENDERS FOR SETTLING PART OF THEIR OUTSTANDING DEBTS

Source text: ID:nBSE7TQkLZ

Further company coverage: PCJE.NS

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Dec 6 (Reuters) - PC Jeweller Ltd PCJE.NS:

• TO CONSIDER ISSUANCE OF 51.7 MILLION SHARES VIA PREFERENTIAL ALLOTMENT

Source text: ID:nBSE84RdSB

Further company coverage: PCJE.NS

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Oct 1 (Reuters) - PC Jeweller Ltd PCJE.NS:

• EXECUTED A SETTLEMENT AGREEMENT WITH LENDERS

• CASH CONSIDERATION TO BE PAID BY CO IN STRUCTURED PAYMENTS WITHIN 730 DAYS

Source text for Eikon: ID:nBSE9k0kDj

Further company coverage: PCJE.NS

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** Shares of PC Jeweller PCJE.NS rise 2% to 154 rupees, hitting their highest since April 2019

** Co to consider a stock split on Sept. 30

** PCJE on track for fourth straight session of gains

** Stock has more than tripled so far this year vs an over two-fold rise in peer Tribhovandas Bhimji Zaveri TBZL.NS

(Reporting by Dimpal Gulwani in Bengaluru)

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Sept 24 (Reuters) - PC Jeweller Ltd PCJE.NS:

• TO CONSIDER SUB-DIVISION OF SHARES

Source text for Eikon: ID:nBSE6V0qT5

Further company coverage: PCJE.NS

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** Shares of Indian jewellers jump 4-20%; gold financers gain as much as 4%

** Gold at record high on US rate cut optimism

** Tribhovandas Bhimji Zaveri TBZL.NS surges 20% and PC Jeweller PCJE.NS jumps 5%, both hit exchange-allowed upper limit

** Kalyan Jewellers KALN.NS and Senco Gold SENC.NS climb 6.3% and 4.1%, respectively, hit record highs

** Gold financiers Muthoot Finance MUTT.NS and Manappuram Finance MNFL.NS advance 2.6% and ~4% respectively

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Sept 10 (Reuters) - PC Jeweller Ltd PCJE.NS:

• PC JEWELLER - GOT REFUND OF 675.4 MILLION RUPEES FROM INCOME TAX DEPARTMENT

Source text for Eikon: ID:nNSEzVst2

Further company coverage: PCJE.NS

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** Shares of India's PC Jeweller PCJE.NS gain 5% and hit upper limit of exchange-mandated trading band

** The ornaments maker said lender Kotak Mahindra Bank KTKM.NS has accepted its one-time settlement proposal for outstanding dues

** Earlier, a slew of banks including IndusInd Bank INBK.NS, Punjab National Bank PNBK.NS, SBI SBI.NS had accepted co's proposals to settle unpaid debts

** YTD, stock has surged 177%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Aug 15 (Reuters) - PC Jeweller Ltd PCJE.NS:

• PC JEWELLER LTD - APPROVED OTS INCLUDE CASH AND EQUITY COMPONENTS

• PC JEWELLER - APPROVAL OF ONE TIME SETTLEMENT PROPOSAL BY IDBI BANK

Further company coverage: PCJE.NS

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Aug 14 (Reuters) - PC Jeweller Ltd PCJE.NS:

• JUNE-QUARTER CONSOL NET PROFIT 1.56 BILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.01 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: PCJE.NS

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** Shares of India's PC Jeweller PCJE.NS rise 4.8% to 70.5 rupees

** Embattled ornaments maker said lender Bank of Baroda BOB.NS has approved one-time settlement proposal for outstanding dues

** IndusInd Bank INBK.NS, Punjab National Bank PNBK.NS, State Bank of India SBI.NS and Karur Vysya Bank KARU.NS had earlier accepted co's proposals to settle unpaid debts

** Session's move takes YTD gains to ~51%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shares of PC Jeweller PCJE.NS rises 2.1% to 72.17 rupees, its highest since Jan. 2023

** The jeweller says IndusInd Bank INBK.NS approves one-time settlement proposal for outstanding dues

** Punjab National Bank PNBK.NS, SBI SBI.NS, Karur Vysya Bank KARU.NS accepted proposals to settle unpaid debts earlier

** Including session's gains, PCJE is up ~55% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

July 9 (Reuters) - PC Jeweller Ltd PCJE.NS:

• PC JEWELLER - TO CONSIDER RAISING OF FUNDS BY WAY OF PREFERENTIAL ISSUE

Source text for Eikon: ID:nBSE1x997v

Further company coverage: PCJE.NS

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** Shares of India's PC Jeweller PCJE.NS jumps ~9%, set for best day in six months

** Embattled ornaments seller says lender Punjab National Bank (PNB) PNBK.NS approves one-time settlement proposal

** Previously, State Bank of India SBI.NS and Karur Vysya Bank KARU.NS had accepted its proposal to settle unpaid debts

** Stock climbs over 100-day moving avg for first time since June 25; had closed in-line with 50-DMA on Friday

** 1.1 mln shares of PCJE changed hands in early trade

** YTD stock has risen nearly 19%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

April 29 (Reuters) - PC Jeweller Ltd PCJE.NS:

• SBI SEEKS TO WITHDRAW PETITION AGAINST CO

Further company coverage: PCJE.NS

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April 10 (Reuters) - PC Jeweller Ltd PCJE.NS:

• PC JEWELLER LTD- TO CONSIDER, APPROVE AND FINALISE MODE OF ISSUANCE OF SECURITIES FOR RAISING OF FUNDS

Source text for Eikon: ID:nBSEbtCHXT

Further company coverage: PCJE.NS

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April 2 (Reuters) - PC Jeweller Ltd PCJE.NS:

• PC JEWELLER LTD- ACCEPTANCE OF ONE TIME SETTLEMENT PROPOSAL BY KARUR VYSYA BANK

Source text for Eikon: ID:nBSE72f3NH

Further company coverage: PCJE.NS

(([email protected];))

March 22 (Reuters) - PC Jeweller Ltd PCJE.NS:

• APPROVED RAISING OF FUNDS UPTO 15 BILLION RUPEES

Source text for Eikon: ID:nBSEXlp14

Further company coverage: PCJE.NS

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** PC Jeweller's shares PCJE.NS rise exchange-allowed maximum of 5%

** Co says State Bank Of India SBI.NS agrees to one-time settlement for outstanding dues; no amount mentioned

** SBI shares edge 0.3% lower on the day

** SBI down 0.5% in March and up over 16% YTD

** PCJE up over 6% in March and up ~31.4% YTD

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

March 13 (Reuters) - PC Jeweller Ltd PCJE.NS:

• PC JEWELLER LTD - ACCEPTANCE OF 'ONE TIME SETTLEMENT' BY STATE BANK OF INDIA

• PC JEWELLER LTD - STATE BANK OF INDIA CONVEYED ACCEPTANCE OF 'ONE TIME SETTLEMENT' PROPOSAL BY COMPANY

• PC JEWELLER LTD - TERMS OF APPROVED OTS INCLUDES CASH, EQUITY COMPONENT, RELEASE OF SECURITIES, MORTGAGED PROPERTIES ETC

• PC JEWELLER LTD - COMPANY HAD OPTED FOR OTS TO SETTLE OUTSTANDING DUES

Source text for Eikon: ID:nBSE1QWsN8

Further company coverage: PCJE.NS

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** Shares of PC Jeweller PCJE.NS fall 5% to 62.3 rupees, the bottom of an exchange-imposed trading band

** Co received a show cause notice from Securities And Exchange Board Of India (SEBI) alleging non-compliance to disclosures in matter of accounts

** Co says it has been disclosing required/relevant information in its quarterly results

** Stock on track to snap eight consecutive session of gains

** More than 6.2 mln shares change hands, 2x its 30-day avg

** In last 12 months, stock has risen 89.5%

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

Feb 14 (Reuters) - PC Jeweller Ltd PCJE.NS:

• PC JEWELLER DEC-QUARTER CONSOL NET LOSS 1.98 BILLION RUPEES VERSUS LOSS 611.2 MILLION RUPEES

• PC JEWELLER DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 400.6 MILLION RUPEES VERSUS 8.54 BILLION RUPEES

Source text for Eikon: ID:nBSE5010b5

Further company coverage: PCJE.NS

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** Shares of Indian jewellers fall 2%-4.5% after govt raised import duty on gold and silver findings, and coins

** Kalyan Jewellers KALN.NS, PC Jeweller PCJE.NS, Vaibhav Global VAIB.NS down 2%-4.5%; Goldiam International GOLI.NS Tribhovandas Bhimji Zaveri TBZL.NS down 4%-2%

** KALN only "Buy" rated stock on average after Titan TITN.NS among jewellery stocks - LSEG

** KALN top performer last year among jewellery stocks, gaining 179%

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** Shares of PC Jeweller PCJE.NS down 2.7% to 28.6 rupees

** Stock on track to decline for 6 of last 7 sessions, if trend holds

** PCJE posts loss for fourth straight quarter as ongoing legal battles with its lenders hurt operations

** More than 2.3 mln shares traded by 10:39 a.m IST

** PCJE last down ~2.55%, taking YTD loss to 65.5%; stock rose previous three years

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607))

Nov 14 (Reuters) - PC Jeweller Ltd PCJE.NS:

• SEPT-QUARTER CONSOL NET LOSS 1.38 BILLION RUPEES VERSUS PROFIT 859.2 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.49 BILLION RUPEES VERSUS 8.98 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: PCJE.NS

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