Shares of PC Jeweller gained over 4 per cent on Wednesday as the corporate has introduced that its board will meet quickly to think about and approve the alteration within the share capital of the corporate by sub-division / cut up of present fairness shares having face worth of Rs 10 every.
The counter opened at Rs 156.70 on the BSE – a acquire of round 3.77 per cent from the earlier shut of Rs 151. The inventory gained additional to the touch the intra-day excessive of Rs 157.30, which can be a contemporary 52-week excessive. The 52-week low of the inventory is Rs 25.45.
“In the identical assembly, the Board may even take into account the appointment of latest Administrators of the Firm, if any,” PC Jeweller mentioned in an alternate submitting.
The corporate added that the buying and selling window for buying and selling / dealing in its shares is being closed with speedy impact and shall stay closed until two days after the declaration of un-audited monetary outcomes for the quarter and 6 months ended September 30, 2024 for designated individuals.
The scrip has given a multibagger return of round 474 per cent in a single yr. It has gained over 203 per cent to date this yr.
