PCJEWELLER.NS stock ₹10.49 on NSE 29 Jan 2026: Feb 2 earnings to test margins
We start with the fact that PCJEWELLER.NS stock closed at ₹10.49, down -3.14%, on the NSE on 29 Jan 2026 ahead of earnings. Volume was 96,167,543 shares, well above the 50-day average. Investors should watch the Q3 results due 02 Feb 2026 for sales mix, gross margin and inventory movement. This earnings spotlight connects price action, valuation and our model forecast to give clear things to watch.
Earnings outlook: PCJEWELLER.NS stock earnings and catalysts
PC Jeweller reports on 02 Feb 2026 and the report will drive the next leg of price action. Key catalysts are gold-linked sales volumes, diamond and studded margin mix, and showroom trends. We expect commentary on working capital and inventory, given the company’s high days of inventory on hand of 1,118.59 days.
Price action and liquidity: PCJEWELLER.NS stock movement
The stock closed at ₹10.49, down -3.14%, from a previous close of ₹10.83. Intraday range was ₹10.36–₹10.83 and daily volume was 96,167,543, versus average volume 64,649,058. The jump in volume and relative weakness suggests earnings positioning and short-term profit-taking.
Fundamentals and valuation: PCJEWELLER.NS analysis
PC Jeweller shows EPS ₹0.33 and a trailing PE of 31.79 at the current price. Book value per share is ₹10.36 and price-to-book is 1.01. The company has a current ratio of 5.05 and debt-to-equity of 0.22, indicating low leverage. Inventory turnover is low at 0.33 and the cash conversion cycle is 1,242.83 days, which raises working capital risk.
Meyka AI grade and PCJEWELLER.NS stock forecast
Meyka AI rates PCJEWELLER.NS with a score out of 100: 60.93 | Grade B | Suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly price of ₹18.23, implying ~73.78% upside from ₹10.49. The monthly projection is ₹9.04, implying -13.82% downside. Forecasts are model-based projections and not guarantees.
Technical and sector context for PCJEWELLER.NS stock
Momentum indicators are neutral to mildly positive: RSI 53.39, MACD histogram 0.19, ADX 30.27 indicating a strong trend. The 50-day average price is ₹10.24 and the 200-day average is ₹12.48. In the Consumer Cyclical sector, peers face discretionary demand swings. Luxury goods cycles and gold price moves will influence PC Jeweller more than broader indices.
Risks and items to watch in the earnings report
Watch gross margin, same-store sales, and working capital notes closely. High days of inventory and a long cash conversion cycle are the biggest operational risks. Also check commentary on franchisee showroom mix and any guidance on capex or dividend policy. Analyst upgrades or downgrades after the print could move the stock sharply.
Final Thoughts
PCJEWELLER.NS stock trades at ₹10.49 on the NSE as of 29 Jan 2026, with earnings due on 02 Feb 2026. The near-term market focus will be margins, inventory levels, and sales mix across gold and diamond categories. Valuation sits at a trailing PE of 31.79 with price-to-book near 1.01, combining modest leverage and stretched inventory metrics. Meyka AI’s forecast model projects a 12-month price of ₹18.23, implying ~73.78% upside from the current price. Short-term downside is possible; the monthly model level is ₹9.04 or -13.82%. Our grade is B / HOLD, reflecting mixed fundamentals and a cyclical sector backdrop. Use the earnings release to re-assess exposure, and watch margin commentary and inventory figures for a clearer price target. Remember, Meyka AI is an AI-powered market analysis platform and forecasts are model-based projections, not guarantees.
FAQs
When will PC Jeweller report earnings and why does it matter for PCJEWELLER.NS stock?
PC Jeweller reports on 02 Feb 2026. The results matter because margins, inventory and sales mix will affect cash flow and valuation. Traders often move the stock on surprise margin data or guidance changes.
What is Meyka AI’s short-term and 12-month PCJEWELLER.NS stock forecast?
Meyka AI’s monthly forecast is ₹9.04 and the 12-month forecast is ₹18.23. These imply a near-term downside of -13.82% and a 12-month upside of ~73.78% versus ₹10.49.
What are the main risks investors should watch in the PCJEWELLER.NS earnings report?
Key risks include widening inventory days, weak same-store sales, margin compression, and any increase in working capital. Watch guidance on showroom mix and franchisee performance.
How does PC Jeweller’s valuation look against fundamentals?
At ₹10.49, trailing PE is 31.79 and price-to-book is 1.01. The company shows low leverage and a high current ratio, but weak inventory turnover raises operational concerns.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
