PC Jeweller Share Price Rises On Buyback Approval

Gold Silver Reports (GSR) – PC Jeweller Share Price Rises On Buyback Approval – Shares of the Delhi-based jeweller rose as much as 19.9 percent, most since the start of this week, to Rs 250.7. The board of PC Jeweller approved a buyback of 1.2 crore shares not exceeding Rs 424 crore …

READ MORE…

Gift to Family Helps Wipe $2.6 Billion Off PC Jeweller Share Price

Gold Silver Reports (GSR) – Gift to Family Helps Wipe $2.6 Billion Off PC Jeweller Share Price — PC Jeweller Ltd. slumped about 40 percent in the past week after the company said that one of its founders, P.C. Gupta, made the gifts in off-market trades. While the shares rebounded 44 percent Friday, they’re still down 70 percent from the Jan. 19 record and the company’s market value has shrunk to 68.9 billion rupees ($1 billion).                      

READ MORE…

PC Jeweller Stock Set For Longest Losing Streak In 5 1/2 Years ; Raghavan HKN, President – Outreach & Inclusive Banking, Equitas Small Finance Bank

Gold Silver Reports (GSR) – PC Jeweller Stock Set For Longest Losing Streak In 5 1/2 Years – Shares of the jewellery maker extended declined for the ninth straight trading session, poised for its longest losing streak since November 2013. The stock fell as much as 14.6 percent to hit a four-year low at Rs 94.55. Trading volume was 9.7 times its 20-day average. The stock declined 78.7 percent so far this year.                

READ MORE…