PC Jewellers Share Price Target Tomorrow 2024 To 2030 – Stock Market Update

PC Jewellers Share Price Target

PC Jeweller Ltd is a well-known Indian jewelry company, founded in 2005. It is recognized for its wide range of gold, diamond, and silver jewelry, offering both traditional and modern designs. PC Jeweller has a strong presence across India with multiple showrooms and an online platform, catering to customers seeking quality and craftsmanship. PC Jeweller Share Price on NSE as of 18 October 2024 is 176.80 INR. Here will provide you more details on PC Jeweller Share Price Target 2024, 2025, 2026 to 2030.

PC Jeweller Ltd: Market Overview

  • Open Price: ₹183.40
  • High Price: ₹183.40
  • Low Price: ₹183.40
  • Previous Close: ₹177.36
  • Volume: 7,014,974
  • Value (Lacs): ₹13,049.25
  • VWAP: ₹184.57
  • UC Limit: ₹195.32
  • LC Limit: ₹176.71
  • P/E ratio: N/A
  • Div yield: N/A
  • 52-wk high: ₹187.07
  • 52-wk low: ₹27.70
  • Mkt cap: ₹8.54KCr
  • Face Value: ₹10

PC Jeweller Ltd Competitors

Here are five competitor companies of PC Jeweller Ltd, along with their approximate market capitalizations (as of recent data):

  1. Titan Company Ltd (Tanishq)
    • Market Capitalization: ~$35 billion
    • Titan’s Tanishq brand is one of the leading jewelry retailers in India, offering a wide range of gold, diamond, and platinum jewelry, making it a major competitor to PC Jeweller.
  2. Kalyan Jewellers India Ltd
    • Market Capitalization: ~$1.5 billion
    • Kalyan Jewellers is a well-established name in the jewelry industry, known for its traditional and modern designs, competing directly with PC Jeweller in both the Indian and international markets.
  3. Joyalukkas India Ltd
    • Market Capitalization: ~$1 billion (approximate, based on reports)
    • Joyalukkas is a prominent player in the jewelry business with a global presence, offering a variety of designs and precious metals, making it a key competitor in the luxury jewelry space.
  4. Senco Gold Ltd
    • Market Capitalization: ~$500 million
    • Senco Gold is a growing jewelry retailer, primarily focusing on gold and diamond jewelry, competing with PC Jeweller in the mid-range and premium segments.
  5. Tribhovandas Bhimji Zaveri Ltd (TBZ)

    • Market Capitalization: ~$100 million
    • TBZ is one of India’s oldest jewelry brands, offering a wide range of gold and diamond jewelry, competing with PC Jeweller in the luxury and bridal jewelry segment.

PC Jewellers Share Price Chart

PC Jewellers Share Price Chart

PC Jewellers Share Price Target Tomorrow 2024 To 2030

PC Jewellers Share Price Target Years SHARE PRICE TARGET 
2024 ₹194
2025 ₹245
2026 ₹366
2027 ₹485
2028 ₹515
2029 ₹644
2030 ₹786

PC Jewellers Share Price Target 2024

PC Jewellers share price target 2024 Expected target could be ₹194. Here are three key factors that could affect the growth of PC Jeweller Ltd’s share price target for 2024:

  • Consumer Demand for Gold and Diamond Jewelry: The demand for gold and diamond jewelry, especially during festive seasons and weddings, plays a crucial role in PC Jeweller’s sales. A strong demand recovery in 2024, driven by favorable economic conditions and increased consumer spending, could positively impact the company’s revenue and share price.
  • Expansion of Online Sales and Digital Presence: With the rise of e-commerce, PC Jeweller’s ability to strengthen its online sales channels will be important for growth. A well-executed digital strategy, including expanding its online offerings and enhancing customer experiences through digital marketing, can drive higher sales and support the share price in 2024.
  • Gold Price Fluctuations: PC Jeweller’s business is highly sensitive to gold price movements. Stable or rising gold prices can increase the perceived value of jewelry, boosting consumer interest and profitability. However, sharp volatility in gold prices could affect margins, impacting the company’s share price performance in 2024.

PC Jewellers Share Price Target 2025

PC Jewellers share price target 2025 Expected target could be ₹245. Here are three key factors that could affect the growth of PC Jeweller Ltd’s share price target for 2025:

  • Expansion into New Markets: PC Jeweller’s growth in 2025 could be driven by its efforts to expand into new domestic and international markets. By opening more showrooms and enhancing its presence in key cities, as well as tapping into demand from new regions, the company can boost its sales and improve its share price.
  • Product Diversification: Offering a wider range of products, such as modern jewelry designs and affordable collections targeting younger consumers, can help PC Jeweller attract a broader customer base. Product innovation and trends in customization could drive higher revenue and positively impact its share price in 2025.
  • Government Regulations and Import Policies: The jewelry industry is subject to various government regulations related to gold import duties, taxation, and hallmarking standards. Favorable policies or reduced import duties could lower costs for PC Jeweller, improving its profitability and share price. On the other hand, stricter regulations or higher duties may present challenges.

PC Jewellers Share Price Target 2030

PC Jewellers share price target 2030 Expected target could be ₹786. Here are three key factors that could affect the growth of PC Jeweller Ltd’s share price target for 2030:

  • Adoption of Sustainable Practices: By 2030, sustainability will likely play a crucial role in consumer preferences. PC Jeweller’s commitment to ethical sourcing of materials like conflict-free diamonds and recycled gold, along with eco-friendly practices, could enhance its brand reputation, attract environmentally conscious customers, and positively impact its share price.
  • Technological Integration and Digital Transformation: The jewelry industry is evolving with the use of technology, including virtual try-ons, AI-driven customization, and blockchain for authenticity verification. PC Jeweller’s ability to adopt these technologies and improve its digital shopping experience could boost customer engagement, leading to higher sales and supporting long-term growth in its share price.
  • Macroeconomic Conditions and Gold Prices: Economic stability and long-term trends in gold prices will continue to influence the jewelry market. Favorable macroeconomic conditions, stable income growth, and a strong gold market will likely fuel consumer demand for jewelry, contributing to PC Jeweller’s sales growth and positively affecting its share price by 2030.

PC Jeweller Ltd Shareholding Pattern

  • Promoters: 54.5%
  • FII: 2.6%
  • DII: 1.5%
  • Public: 41.4%

PC Jeweller Ltd Shareholding Pattern

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.pcjeweller.com/

PC Jeweller Ltd Financials

(INR) 2024 Y/Y change
Revenue 6.05B -75.52%
Operating expense 1.21B -25.83%
Net income -6.29B -209.72%
Net profit margin -103.96 -1,164.72%
Earnings per share — —
EBITDA -1.86B -181.77%
Effective tax rate 0.38% —

PC Jeweller Ltd Financials

PC Jewellers Quarterly Financials

Read Also:- Stock Market Update – Rail Vikas Nigam Share Price Target Tomorrow 2024 To 2030

Leave a Comment

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