PC Jeweller Shares Fall 4%, Mcap Dips Below Rs 11,000 Cr: Should You Hold Or Exit?

Last Updated:July 14, 2025, 14:38 IST

PC Jeweller’s stock declined by 3.5% on Monday, settling at Rs 16.76, down from the previous close of Rs 17.35

PC Jeweller’s stock declined by 3.5% on Monday, settling at Rs 16.76, down from the previous close of Rs 17.35. This drop pushed the company’s market capitalisation down to approximately Rs 10,968 crore.

The stock has traded between a 52-week high of Rs 19.65 and a low of Rs 6.61. Currently, PC Jeweller remains under the ASM ST: Stage 1 framework, indicating heightened regulatory surveillance.

In its latest filing, the company confirmed compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. It submitted certificates certified by KFin Technologies Ltd., its Registrar and Transfer Agent, detailing dematerialisation and rematerialisation activities for the quarter ended June 30, 2025.

Despite the recent decline, PC Jeweller’s stock has rallied nearly 35% over the past month, reflecting renewed investor interest and strong trading sentiment.

Analyst Views

Analyst opinions remain divided. Ravi Singh, Senior Vice-President, Retail Research at Religare Broking, believes the stock appears technically weak and may fall further towards Rs 15. He identifies immediate resistance at ₹20 and suggests that investors consider exiting at current levels.

On the other hand, Osho Krishan, Senior Analyst – Technical & Derivative Research at Angel One, highlighted the stock’s breakout to a 52-week high on strong volumes. He noted that a sustained move above Rs 20 could open the door to further upside. Krishan advises investors to trail profits with a strict stop loss, identifying Rs 17.50–16.50 as near-term support and Rs 14.30 as a stronger base.

Technical Analysis: Bullish Signals Persist Despite Short-Term Price Correction

On the technical side, PC Jeweller’s 14-day Relative Strength Index (RSI) currently stands at 68.7. Typically, an RSI below 30 indicates an oversold condition, while a reading above 70 suggests the stock may be overbought.

With the RSI nearing 69, the stock is close to entering overbought territory but has not yet crossed that threshold. The stock also shows strong momentum through its moving averages. It is trading above 7 of 8 key Simple Moving Averages (SMAs), including all major SMAs from the 10-day to the 200-day period.

The stock sits just below the 5-day SMA, reflecting a short-term consolidation phase amid an otherwise healthy upward trend.

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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