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.
PC Jeweller Share
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 …
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).