Total income of the company also increased to Rs 1,669.59 crore for the reported quarter of 2015-16, from Rs 1,183.61 crore a year ago.
Emkay is bullish on PC Jeweller and has recommended buy rating on the stock with a target price of Rs 480 in its research report dated August 13, 2015.
In an interview to CNBC-TV18, Sanjeev Bhatia, chief financial officer, PC Jeweller shares his views on the current gold demand in the country and his outlook on the precious metal.
Brokerage house Emkay Global Financial Services is bullish on PC Jeweller and has recommended buy rating on the stock with a target price of Rs 480 in its research report dated August 13, 2015.
Going ahead, Sanjeev Bhatia, CFO, PC Jeweller, expects to see improvement in sentiment during the upcoming festive season.
IDBI Bank | Natco Pharma | IRB Infra | Hathway Cable | Tata Motors | Bharti Airtel | Tata Steel | Ashok Leyland | Essel Infraprojects | PC Jeweller and Ashoka Buildcom are stocks,| which are in news today.
Total income from operations during the quarter under review rose to Rs 1,510.65 crore, up 14.18 percent from Rs 1,323.02 crore in the year-ago period, the company said in a BSE filing.
"There is a huge potential in the organised jewellery retail space and it is still largely under-tapped and dominated by small jewellers. We will launch our jewellery purchase scheme Jewels For Less to connect with our customers and to attract more footfalls," PC Jeweller COO and executive director R K Sharma told agency.
Ashish Kyal of wavesstrategy.com recommends buying PC Jeweller and Aditya Birla Nuvo.
Watch the interview of Ashish Kyal, wavesstrategy.com with Mangalam Maloo and Reema Tendulkar on CNBC-TV18, in which he shared his readings and outlook on the market and specific stocks.
Deepak Shenoy, founder at capitalmind.in is of the view that one may prefer Welspun India and Ambika Cotton.
India though does not have direct exposure to Greece, there could always be a second impact and third impact on our market, feels Deepak Shenoy, Founder, Capitalmind.in.
Motilal Oswal has come out with its report on PC Jeweller. "Along with increased focus on the domestic business and the studded jewelry segment, PCJL has taken several initiatives to drive growth in the medium term", says the report.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have State Bank of India, Bank of Baroda, Punjab National Bank, SAIL, GVK, India Cement, GAIL, PC Jeweller and Mastek.
Brokerage house Emkay Global Financial Services is bullish on PC Jeweller and has recommended buy rating on the stock with a target price of Rs 490 in its research report dated June 24, 2015.
Brokerage house Firstcall Research is bullish on PC Jeweller and has recommended buy rating on the stock with a target price of Rs 425 in its research report dated June 22, 2015.
Deepak Shenoy of Capitalmind is of the view that one may look at PC Jeweller.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Strides Arcolab, Tata Steel, Jubilant Foodworks, Pc Jeweller, Subex, Bank of Maharashtra, Amtek Auto, Kokuyo Camlin & Nectar Life.
State Bank of India, Axis Bank and Indian Hotels Company were the top buys, while PC Jeweller, ITC and Jindal Steel & Power were the top sells by the fund.
Lower prices of gold are getting us handsome footfalls since morning, said RK Sharma, ED & COO of PC Jeweller. He is upbeat on the sales on the back of auspicious occasion of Akshay Tritiya and upcoming wedding season.
Deepak Shenoy of capitalmind.in is of the view that one may prefer PC Jeweller and Titan Company.
Watch the interview of Deepak Shenoy of Capitalmind.in with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
CARE Ratings has maintained fundamental and valuation grade of 4/5 to PC Jeweller (PCJ), in its report dated March 31, 2015.
Platinum prices have come off sharply in the past few months, dipping below gold for the first time in a long time. But PC Jeweller CFO said platinum sales were still minuscule compared to gold and diamond.
Tata Motors | Nitesh Estates | Financial Technologies | Zee Media | IOB | Central Bank | Eicher Motors | McNally Bharat | GAIL and Ranbaxy Labs are stocks, which are in the news today.