Economy · India
PC Jeweller Shares Surge on Profit Growth and Debt-Free Status
PC Jeweller's shares saw a significant increase, jumping 8% to 9%, following the company's announcement of a rise in its second-quarter profit and its achievement of debt-free status. The company reported a 58% surge in its net profit for the September quarter. PC Jeweller also stated it had repaid all outstanding dues to its 14 consortium banks ahead of schedule, thereby becoming debt-free.
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- Centre (3): Business Standard, Business Today, The Hindu BusinessLine