PC Jeweller Shares Remain in Focus After Signing MoU with NSDC

On Monday, shares of PC Jeweller, a smallcap jewellery firm, continued to attract attention following the company's announcement to sign a memorandum of understanding (MoU) with the National Skill Development Corporation (NSDC).

According to an exchange filing, PC Jeweller has entered into an MoU with NSDC, a subsidiary of the Ministry of Skill Development and Entrepreneurship. The agreement designates PC Jeweller as an industry/franchise partner for the gems and jewellery sector, with the goal of developing and onboarding up to 2 lakh micro-entrepreneurs across the country over a period of five years.

PC Jeweller stock opened at Rs 7.95 on the BSE, lower than its previous close of Rs 7.98. During the session, it rose to an intraday high of Rs 8.02 before declining to a low of Rs 7.71, which is also its 52-week low. The stock had touched a 52-week high of Rs 19.65 on July 7, 2025.

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The initiative aims to contribute towards employment generation, entrepreneurship, and local economic development through the creation of entrepreneurs across India. The program is proposed to span across 15 sectors, with one lead industry/franchise partner identified for each sector.

In a separate development, PC Jeweller's board has allotted 20,09,70,560 equity shares of face value Re 1 each upon conversion of an equivalent number of warrants to four allottees.