PC Jeweller clears dues to 14 banks and becomes debt-free
- PC Jeweller cleared dues to all 14 consortium banks ahead of schedule
- Its stock rallied 89% in six months
- Debt-free status may ease balance-sheet concerns for PC Jeweller shareholders
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PCJEWELLER
PC Jeweller Limited · ₹14.11 −1.0% on 25 Sept · 1M +25.6% · 3M +65.4% · 3 stories in 60 days · 3 positive · 0 negative
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PC Jeweller clears dues to all 14 consortium banks and becomes debt-free
- The company cleared approximately ₹3,000 crore of debt
- The repayment discharged all outstanding debt to the 14 consortium banks
- Debt clearance strengthens PC Jeweller’s balance sheet and reduces financial risk for shareholders
30% rally this month! PC Jeweller share price near its 52-week high; can the stock rally further?
- PC Jeweller shares are up about 30% so far in September