PC JEWELLER plunges by 5%; BSE 500 Index Up 0.6%

PC JEWELLER share price has plunged 5% and is presently trading at Rs 202.

Meanwhile, the BSE 500 Index is at 14,710 (Up 0.6%).

Among the top losers in the BSE 500 Index today is PC JEWELLER (down 5.12%)

SPICEJET LTD (up 8.48%) and IOC (up 6.17%) are among the top gainers today.

Over the last one year, PC JEWELLER has moved down from Rs 226 to Rs 202, registering a loss of Rs 24 (down 10.68%).

The BSE 500 has moved up from 13,007 to 14,710, registering a gain of 1,703 points (up 13.09%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 1305.06%), GRAPHITE INDIA (up 653.36%) and BOMBAY DYEING (up 278.22%).

What About the Benchmark Indices?

The BSE Sensex is at 35,101 (up 0.43%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 4.68%), GAIL (up 2.16%) and BHEL (up 1.67%). Other gainers include COAL INDIA (up 1.32%) and ONGC (up 1.28%). The most traded stocks in the BSE Sensex are SUN PHARMA and ONGC.

In the meantime, NSE Nifty is at 10,666 (up 0.52%). IOC (up 5.84%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 30,750 to 35,101, registering a gain of 4,351 points (up 14.07%).

PC JEWELLER Financial Update...

PC JEWELLER net profit grew 152.1% YoY to Rs 2 billion for the quarter ended December 2017, compared to a profit of Rs 1 billion a year ago. Net Sales rose 125.5% to Rs 26.4 billion during the period as against Rs 21.1 billion in October-December 2016.

For the year ended March 2017, PC JEWELLER reported 105.7% increase in net profit to Rs 4.2 billion compared to net profit of Rs 4.0 billion during FY16.

Revenue of the company grew 116.1% to Rs 85 billion during FY17.

The current Price to earnings ratio of PC JEWELLER, based on rolling 12 month earnings, stands at 5.8x.