GENERAL22 Sept 2026
75% rally in 6 months! PC Jeweller share price zooms over 6% | Here's why | Stock Market News
PC Jeweller shares jumped over 6% on Tuesday after the company said it cleared outstanding debt with another consortium bank. It has now repaid 12 of 14 banks and settled more than 98% of its dues. Management expects debt-free status this month. If you hold or track this stock, check the company's filings before acting.
Key Statutory Highlights
- PC Jeweller shares rose nearly 6.10% in Tuesday's intraday trade after it announced clearing outstanding debt with another consortium bank.
- The company has repaid debt of 12 out of 14 consortium banks, completing all repayments ahead of scheduled due dates and discharging over 98% of its outstanding bank debt.
- PC Jeweller said it expects to clear the remaining less than 2% and become debt-free in the current month, which it says will strengthen its balance sheet.
Actionable Advice for Taxpayers / Founders:If you hold or are watching this stock, read the company's latest BSE filing and review your own risk position before taking any decision. This is market news, not a buy or sell recommendation.
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TaxQue News Desk
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