PC Jeweller Falls Most In 4 Months On Cut In Export Sales Target – “The export business is a credit based business and the company wants to rationalize exports business as the credit availability is getting squeezed,” the company said in a statement on Thursday.
PC Jeweller
PC Jeweller Prices Tanks After Scrapping Buy-Back
Gold Silver Reports (GSR) – PC Jeweller Prices Tanks After Scrapping BuyBack – The company withdrew its Rs 424-crore share buyback offer with immediate effect after the company failed to receive the requisite no-objection certificate from its bankers, according to its stock exchange notification.
Nifty 10,700 Call Nearly Doubles In Trade
Gold Silver Reports (GSR) – Nifty 10,700 strike price call was among the most active option contracts on the National Stock Exchange. The premium on the contract surged 87 percent to Rs 30. Over 5.4 lakh shares were added to the open interest which stood at 39.42 lakh share.
Stocks To Watch: Asian Paints, Canara Bank, Fortis, PC Jeweller
Gold Silver Reports (GSR) – Stocks To Watch: Asian Paints, Canara Bank, Fortis, PC Jeweller – Indian equity benchmarks halted their three-day gains dragged by Tata Motors, Sun Pharma, ITC and TCS. The S&P BSE Sensex fell 0.21 percent or 73 points to 35,246 and the NSE Nifty 50 index slipped 0.23 percent or 25 points to 10,716.
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).
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.
PC Jeweller – Block Deal Alert
Block Deal Alert PC Jeweller: About 13 lakh shares changed hands in a block deal. Buyers and sellers were not known immediately