PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surge

Shares of PC Jeweller experienced a sharp 26% rally over two consecutive trading sessions, driven by heavy buying activity and corporate debt resolution. Cupid promoter Aditya Kumar Halwasiya acquired 5.10 crore shares valued at approximately Rs 73.60 crore, signaling strong insider and institutional backing. Concurrently, the jewellery maker successfully repaid its remaining dues to fourteen consortium banks, achieving debt-free status well ahead of its original schedule. This milestone significantly improves the company's balance sheet health and reduces interest burdens going forward. Market analysts view the combination of debt relief and strategic promoter buying as a major bullish catalyst for the stock.