PC Jeweller shares jump 10% after promoter buys 5.1 crore shares

PC Jeweller’s stock rose about 10% on Friday after promoter Aditya Kumar Halwasiya of CUPID bought 5.10 crore shares at ₹14.43 each. The shares opened on the NSE with an upside gap at ₹15.06 per share. Within minutes the price touched ₹15.89, marking a new 52‑week high and an intraday rise of roughly 10%. Market experts say the bulk‑deal buzz sparked the immediate surge. They also point to PC Jeweller’s recent debt‑free status, strong Q2 2026 results expectations, and announced business expansions as factors behind a sustained rally. SEBI‑registered expert Anuj Gupta said, "PC Jeweller's share is rising due to the bulk deal buzz. CUPID promoter has bought more than 5 crore shares of PC Jeweller in a bulk deal on Thursday. This has created a short‑term buzz about the stock." The story is still developing and investors are advised to consult certified financial advisors before making decisions. ## Context Bulk‑deal purchases often generate short‑term buying interest, especially when the buyer is a promoter. A debt‑free balance sheet and positive earnings outlook further reinforce investor confidence, helping the rally extend beyond the initial buzz.