Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: PC Jeweller shares drop nearly 4%; market cap slips below Rs 11,000 crore – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Business > PC Jeweller shares drop nearly 4%; market cap slips below Rs 11,000 crore – Delhi News Daily
Business

PC Jeweller shares drop nearly 4%; market cap slips below Rs 11,000 crore – Delhi News Daily

delhinewsdaily
Last updated: July 14, 2025 5:29 pm
delhinewsdaily
Share
SHARE


Contents
Technical Analysis: Bullish Signals Persist Despite Short-Term Price CorrectionLive Events
PC Jeweller‘s shares slip by 3.5%, to Rs 16.76, down from the previous close of Rs 17.35. This dip caused the company’s market capitalisation to drop to approximately Rs 10,968 crore.

The stock’s 52-week range remains between a high of Rs 19.65 and a low of Rs 6.61. Currently, PC Jeweller’s shares are classified under ASM ST: Stage 1.

In regulatory developments, the company has submitted certificates under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. These certificates, certified by KFin Technologies Limited—the company’s Registrar and Transfer Agent—confirm the dematerialization and rematerialization details for the quarter ending June 30, 2025.

Despite today’s modest correction, PC Jeweller’s stock has seen a robust rally of approximately 35% over the past month, signaling strong investor confidence and positive market sentiment.

Technical Analysis: Bullish Signals Persist Despite Short-Term Price Correction

ET logo

Live Events

On the technical side, PC Jeweller’s 14-day Relative Strength Index (RSI) currently stands at 68.7. Typically, an RSI below 30 indicates an oversold condition, while a reading above 70 suggests the stock may be overbought. With the RSI nearing 69, the stock is close to entering overbought territory but has not yet crossed that threshold.

The stock also shows strong momentum through its moving averages. It is trading above 7 of 8 key Simple Moving Averages (SMAs), including all major SMAs from the 10-day to the 200-day period. The stock sits just below the 5-day SMA, reflecting a short-term consolidation phase amid an otherwise healthy upward trend.



Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article News18 Opposition Condemns ‘Manhandling’ Of Omar Abdullah By J&K Police, BJP Says ‘CM Fighting…’ – Delhi News Daily
Next Article Annus Chaoticus: From trumping death to celebrating Chelsea’s win – a year in Donald Trump’s life | World News – Times of India – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • ‘I am going to exert my powers’: Prosecute minors as adults? Trump warns of federal control in DC after ex-Doge staffer assaulted – Times of India – Delhi News Daily
  • Takyon Networks IPO listing today. Check GMP ahead of debut – Delhi News Daily
  • ChatGPT Quoted In Delhi Assembly During ‘Gallows Room’ Debate, Speaker Calls It ‘Misleading’ – Delhi News Daily
  • BSNL Updates: From Re 1 Plan to Q-5G Service; Five Recent Announcements – Delhi News Daily
  • Delhi News: दिल्ली में अपना बायोडेटा साथ लेकर घूमेंगे स्ट्रीट डॉग, एक स्कैन से चलेगा सब कुछ पता – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

Learn With ETMarkets: Can retail SIPs replace FII flows as India’s market backbone? – Delhi News Daily

The consistent rise in SIP inflows is more than just a reflection of growing retail participation. It is increasingly becoming…

6 Min Read
Business

Gulf ambassadors raise concern about safety of nuclear facilities amid Israel-Iran conflict – Delhi News Daily

Gulf Cooperation Council ambassadors have expressed concerns to U.N. nuclear watchdog chief Rafael Grossi about the safety of nuclear facilities…

1 Min Read
Business

Asian shares slip, oil rises as investors weigh Iran scenarios – Delhi News Daily

SYDNEY, - Shares slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to…

4 Min Read
Business

Suspect dead, multiple people injured in series of Kentucky shootings, officials say – Delhi News Daily

Multiple people, including a Kentucky police trooper, were injured in a series of shootings around Lexington, the state's governor and…

1 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?