PC Jeweller share price jumps over 6% after company's claim to become debt-free in the current quarter

PC Jeweller shares jumped over 6% after the company announced it will become debt-free in the current quarter. The company reported Q1FY27 consolidated revenue growth of approximately 21% year-on-year and reduced outstanding bank debt by around 24% during the quarter. PC Jeweller has cut its outstanding debt by more than 90% since the joint settlement agreement with banks on 30 September 2024.