[

pc jeweller

]
In May, PC Jeweller’s board had approved buy-back of shares worth Rs 424 crore amid a sharp plunge in the stock price.(Bachchan Kumar/ Hindustan Times)

PC Jeweller stock plunges 30% on withdrawal of buyback plan

By Press Trust of India | Press Trust of India
PUBLISHED ON JUL 16, 2018 03:13 PM IST
PC Jeweller shares plummeted 24.17% to Rs 90.95 -- its 52-week low -- on the BSE. On the NSE, the stock plunged 29.98% to hit a one year low as well as the lower circuit limit at Rs 83.95.
Close
PC Jewellers is up nearly 84% from its 52-week low price of Rs 95.05 which it hit on BSE on Thursday.(Dhiraj Singh/Bloomberg)
PC Jewellers is up nearly 84% from its 52-week low price of Rs 95.05 which it hit on BSE on Thursday.(Dhiraj Singh/Bloomberg)

PC Jeweller shares continue recovery, shares gain 44%

By Press Trust of India | Press Trust of India, Mumbai
PUBLISHED ON MAY 04, 2018 06:24 PM IST
The stock soared 43.72% to end at Rs 174.55 on the BSE. Intra-day, it zoomed 48.41% to Rs 180.25.
Close
Jewellers in India are having a tough year. The industry has come under a cloud with two companies under investigation for an alleged banking fraud of $2 billion(Bachchan Kumar/ Hindustan Times)
Jewellers in India are having a tough year. The industry has come under a cloud with two companies under investigation for an alleged banking fraud of $2 billion(Bachchan Kumar/ Hindustan Times)

PC Jewellers wipes out $2.8 billion market cap after founder gifts shares to family

By Swansy Afonso and Santanu Chakraborty | Bloomberg
UPDATED ON MAY 04, 2018 03:57 PM IST
PC Jeweller Ltd. slumped by more than half after the company said last week that one of its founders PC Gupta gifted some shares to his family members in off-market transactions.
Close
SHARE
Story Saved