PC Jeweller shares jump 6%: What’s driving the rally after 220% gains in 3 years?

PC Jeweller shares rose 6 percent on Monday to around Rs 10.27, rebounding after a 6 percent crash on Friday triggered by the board's approval to raise up to Rs 1,000 crore through a QIP and increase authorised share capital from Rs 1,310 crore to Rs 1,460 crore. HRTI Private sold more than 1.32 crore shares via a bulk deal on Friday. The stock has gained 220 percent over three years and the company is pushing to become debt-free by Q2 FY27, reporting a 21 percent YoY rise in Q1 FY27 consolidated revenue and a 58 percent jump in Q4 net profit to Rs 150 crore.