474% return in 1 year: PC Jeweller shares hit fresh 52-week high as board to consider stock split

Shares of PC Jeweller gained over 4 per cent on Wednesday as the company has announced that its board will meet soon to consider and approve the alteration in the share capital of the company by sub-division / split of existing equity shares having face value of Rs 10 each.

The counter opened at Rs 156.70 on the BSE - a gain of around 3.77 per cent from the previous close of Rs 151. The stock gained further to touch the intra-day high of Rs 157.30, which is also a fresh 52-week high. The 52-week low of the stock is Rs 25.45.

“In the same meeting, the Board will also consider the appointment of new Directors of the Company, if any,” PC Jeweller said in an exchange filing. 

The company added that the trading window for trading / dealing in its shares is being closed with immediate effect and shall remain closed till two days after the declaration of un-audited financial results for the quarter and six months ended September 30, 2024 for designated persons.

The scrip has given a multibagger return of around 474 per cent in one year. It has gained over 203 per cent so far this year.