Announced Thu, 9 Jul · 17:32 IST
PC Jeweller clears outstanding debt with one more consortium bank
PCJEWELLER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹9.86
prior close
₹10.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-0.5+0.4-1.4+0.7-0.6+7.5+4.5-1.9+1.9————
Up moveDown movePending
AI summary
PC Jeweller has successfully cleared and repaid all outstanding debt to one more bank under its Settlement Agreement dated 30 September 2024. With this, the company has now fully repaid 3 out of the 14 consortium banks. The company aims to achieve debt-free status in the current quarter.
Likely market impact
Positive for shareholders as the company moves toward becoming debt-free this quarter, reducing interest burden and financial risk.