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Market move▲ Bullish for PC Jeweller
This jewellery stock stages major turnaround, rebounds over 400% in three years; what’s behind the rally?
The brief
- PC Jeweller shares have rallied over 400% in three years
- The company achieved debt-free status, with the rally also driven by strong financial performance
- PC Jeweller investors are exposed to the company’s turnaround and share-price gains
- How Are Jewellery Stocks Performing? Kalyan Jewellers, Senco, PC Jeweller, Thangamayil Fall Up To 5%
- 30% rally this month! PC Jeweller share price near its 52-week high; can the stock rally further?
PC Jeweller repays consortium banks
PC Jeweller said it repaid all outstanding dues to its 14 consortium banks under a settlement agreement and became debt-free.
Monday, 28 September
- This jewellery stock stages major turnaround, rebounds over 400% in three years; what’s behind the rally?