PC Jeweller shares rally 5% after Q1 update; firm eyes debt-free status this quarter

PC Jeweller shares are likely to remain in focus after the company reported a 21% rise in Q1 FY27 revenue and said it expects to become debt-free this quarter. The jeweller reduced its bank debt by 24% during the quarter and by over 90% since September 2024. Strong Q4 earnings and plans to expand via franchise showrooms further boosted sentiment