Introduction:
Leading jewellery company has announced a record date of December 16, 2024, for the sub-division of its equity shares. The move will split ₹10 shares into ₹1 shares, aiming to enhance liquidity and accessibility for investors.
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Share price movement of PC Jeweller:
On November 29, 2024, PC Jeweller Ltd. opened at ₹161.15, up 3.52% from its previous close of ₹155.70. The stock reached a high of ₹163.45 (4.98%) and a low of ₹159.00. By 10:47 AM, i was trading at ₹161.90, a 3.98% increase, with a market cap of ₹7,534.89 crore.
PC Jeweller Announces Record Date for Stock Split
PC Jeweller Limited has announced a record date of December 16, 2024, for the sub-division of its equity shares, approved through a Postal Ballot on November 21, 2024. The move will split 1 share of ₹10 into 10 shares of ₹1.
The sub-division, approved by the Board of Directors on November 28, 2024, aims to enhance liquidity and make the stock more accessible to investors. This step reflects the company’s efforts to improve shareholder value and broaden its investor base.
Shareholders on record by December 16, 2024, will be eligible for the sub-division. This initiative aligns with the company’s long-term strategy to increase market participation and support sustainable growth.
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Recent news on PC Jeweller:
As of November 7, 2024, PC Jeweller Ltd has been included in the MSCI Smallcap Index, reflecting its strong market performance. This inclusion is expected to enhance the company’s visibility and attract greater investor interest.
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Stock performance of PC Jeweller for Period of 1 week, 6 months and 1 year:
PC Jeweller Ltd has delivered impressive returns, with an 8.82% gain over the past week, a 237% increase over the last 6 months, and a remarkable 456% growth over the past year, reflecting strong market performance.
Shareholding pattern of PC Jeweller:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 54.50% | 54.50% | 54.50% |
| FII | 3.30% | 2.60% | 0.90% |
| DII | 1.60% | 1.50% | 1.50% |
| Public | 40.60% | 41.40% | 43.10% |
About PC Jeweller:
PC Jeweller Ltd. (NSE: PCJEWELLER) is a prominent Indian jewelry retailer, specializing in gold, diamond, and platinum jewelry. With a strong presence across India, the company offers high-quality products and exceptional craftsmanship to a diverse customer base.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
