PC Jeweller shares jump 4%, surge 38% in one week. What's polishing the stock's shine?

PC Jeweller share price target: Market expert Ratnesh Goel sees Rs 15.5–17 as the near-term target and recommends a Rs 12 stop loss. Here's what investors should know.

PC Jeweller shares have surged 38% in a week and 40% in a month as the company moves closer to becoming debt-free. The jeweller has repaid outstanding dues to 10 of 14 consortium banks and cleared more than 96% of the remaining debt.