menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

PC Jewelle...
source image

Bloomberg Quint

1w

read

275

img
dot

Image Credit: Bloomberg Quint

PC Jeweller To Raise Funds Via Preferential Allotment

  • PC Jeweller's board is considering fundraising via preferential allotment in an upcoming meeting on July 10.
  • The company recorded 80% year-on-year growth in standalone revenue driven by robust wedding and seasonal purchases despite gold price fluctuations.
  • PC Jeweller aims to become debt-free by the end of fiscal 2026 after reducing outstanding debt, with operational improvements reflecting positively in financial results.
  • Shares of PC Jeweller closed 10.78% higher at Rs 18.49 apiece on the National Stock Exchange and have seen significant price increases over the last 12 months.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app