PC Jeweller shares jumped 5% to a fresh 52-week high on Monday, extending a four-session rally to 20%. The company’s market value swelled by Rs 2,500 crore recently. Investors showed renewed optimism after the firm repaid its outstanding debt ahead of schedule, finally achieving a debt-free status in late September.

PC Jeweller shares hit a fresh 52-week high, extending a four-session rally to 20%. The stock has gained 64% in 2026 so far, supported by renewed investor optimism after the company repaid its outstanding debt ahead of schedule and achieved debt-free status.

Shares of PC Jeweller continued their strong run, jumping another 5% to hit a fresh 52-week high on Monday and extending their rally to 20% over four consecutive sessions.

PC Jeweller shares jumped to Rs 15.50 apiece on Monday morning, more than doubling in less than seven months after hitting a 52-week low of Rs 7.47 apiece in March this year. The sharp rally in the share price over the four straight days has added more than Rs 2,500 crore to the company's market capitalisation, pulling it up to nearly Rs 15,116 crore.

Why are PC Jeweller shares rallying?Overall, PC Jeweller shares have jumped around 64% in 2026 so far and 17% in one week. The renewed optimism was driven by the jeweller completing all its repayments ahead of scheduled due dates and achieving 'debt-free' status late in September.

The settlement agreement signed in September 2024 was a one-time settlement between PC Jeweller and a 14-bank consortium led by State Bank of India (SBI), aimed at resolving a stressed loan book that stood at nearly Rs 4,100 crore as of March 2024.

The other consortium members included Union Bank, Punjab National Bank (PNB), Axis Bank, IndusInd Bank, Bank of India, IDBI Bank, Karur Vysya Bank, Kotak Mahindra Bank, Indian Overseas Bank, Canara Bank, Indian Bank, Bank of Baroda and IDFC First Bank.

The company said the debt-free status will materially strengthen its balance sheet and financial position. Since the announcement in late September, the company's shares have gained around 10% in around three weeks.

PC Jeweller share pricePC Jeweller shares have delivered multibagger returns in the long term, jumping around 458% in three years and 427% in five years. The stock has overall jumped 64% so far in 2026.

The company's shares have gained nearly 19% in one year and 11% in a month.