Economic TimesLean R·
PC Jeweller jumps 6% after repaying 2 consortium banks; eyes debt-free status by Q2 FY27
Shares of PC Jeweller rallied 6.5% to Rs 10.01 on the BSE on Wednesday after the company announced it had repaid all its outstanding debt under the settlement agreement dated September 30, 2024, with two of its 14 consortium banks, as it works towards becoming debt-free in the current quarter.“This marks the beginning of a significant milestone in the company’s ongoing turnaround journey,” the company said in a regulatory filing on July 7. According to the company, repayment of the remaining ou…
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