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via economictimes.indiatimes.comMarkets

PC Jeweller shares soar 26% in just two sessions

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

PC Jeweller shares rallied 26% in two sessions after Cupid promoter Aditya Kumar Halwasiya bought 5.10 crore shares worth Rs 73.60 crore. The jewellery maker recently repaid its dues to 14 consortium banks, achieving debt-free status ahead of schedule.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe sharp rally follows a promoter share purchase and debt-free status, relevant for this small-cap stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The shares rallied 26% in two sessions.
  2. 02Promoter Aditya Kumar Halwasiya bought 5.10 crore shares.
  3. 03The company repaid its dues to 14 consortium banks.

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