PC Jewellers shares hit 52-week high - Check details

Shares of PC Jewellers hit a fresh 52-week high of Rs 140.70 on the BSE today i.e. September 13, 2024. The counter opened gap up at Rs 138.10 with a gain of 3.06 per cent from the previous close of Rs 134. 

It gained further to touch the high of Rs 140.70 - a gain of 5 per cent from the previous close.

The stock, which has outperformed the sector by 4.12 per cent, has been gaining for the last 3 days and has risen 10.73 per cent in the period.

On technical parameters, PC Jeweller is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.

Earlier, PC Jeweller informed exchanges that it received approval from Kotak Mahindra Bank for its One Time Settlement (OTS) proposal.

"This is to inform that Kotak Mahindra Bank Limited vide an e-mail dated September 7, 2024 has conveyed its acceptance of One Time Settlement (“OTS”) proposal submitted by the Company," the company said.

Meanwhile, benchmark Sensex hit the historic 83,000 level for the first time on Thursday and the Nifty settled at a lifetime high in a late rally in blue-chip shares, surge in global markets and foreign fund inflows.

A sharp fag-end rally drove the 30-share BSE Sensex to the 83,000 level for the first time. The barometer surged 1,593.03 points or 1.95 per cent to hit its lifetime intra-day peak of 83,116.19 in the last hour of trade. The index closed at a record high of 82,962.71, up by 1,439.55 points or 1.77 per cent.

The NSE Nifty surged 470.45 points or 1.89 per cent to settle at a record closing high of 25,388.90. The benchmark hit its fresh all-time intra-day high of 25,433.35, a jump of 514.9 points or 2 per cent. Nifty and Sensex opened higher and traded in a range till late afternoon trade.