India's PC Jeweller falls after market regulator issues notice

PC Jeweller

05/03/2024 09:10

** Shares of PC Jeweller  PCJE.NS  fall 5% to 62.3 rupees,
the bottom of an exchange-imposed trading band
    ** Co received a show cause notice from Securities And
Exchange Board Of India (SEBI) alleging non-compliance to
disclosures in matter of accounts
    ** Co says it has been disclosing required/relevant
information in its quarterly results
    ** Stock on track to snap eight consecutive session of gains
    ** More than 6.2 mln shares change hands, 2x its 30-day avg
    ** In last 12 months, stock has risen 89.5%

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))