LIC-backed jewellery stock PC Jeweller hits 5% upper circuit

Shares of PC Jeweller Ltd hit a 5% upper circuit to ₹119.80 per share from its previous closing. PC Jeweller Ltd is an Indian company that designs, manufactures, sells and trades gold, platinum, diamond and silver jewellery. As of June 2024, Life Insurance Corporation of India (LIC) owns a 1.45% stake in the company.