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via thehindubusinessline.comBusiness & Companies

PC Jeweller jumps 8% on higher quarterly profit and debt-free status

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

The company posted a more ‌than 50% jump in quarterly profit and ‌said it had fully ⁠repaid debt owed ‌to a 14-bank consortium.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSharply higher quarterly profit and fully repaid debt are factors that can support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Quarterly profit posted a jump of more than 50%.
  2. 02The company said it had fully repaid debt owed to a 14-bank consortium.
  3. 03The stock jumped 8%.

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