Mumbai, June 10 -- The stock has risen 9.24% in three consecutive sessions. Despite the recent momentum, it is still down a little over 18% in the past six months.

The jewellery retailer made its market debut on 17 September 2024, listing at Rs 834, a strong 73.75% premium over its issue price of Rs 480.

The company's IPO drew robust investor interest, with a subscription of 59.41 times. The offer was open from 10 to 12 September 2024, with a price band set between Rs 456 and Rs 480 per share.

Incorporated in 1832, PNG Jewellers offers a wide range of gold, silver, platinum, and diamond jewellery collections. The company operates 53 retail stores, including 52 in Maharashtra and Goa, and one in the U.S., with a total retail area of 1,6...