India's PC Jeweller falls nearly 5% on block deals

PC Jeweller

16/03/2023 08:22

** Shares of PC Jeweller  PCJE.NS  fall as much as 4.9% to
28.05 rupees, lowest since March 1
    ** Stock set to fall for a fifth straight session, if losses
hold
    ** Over 2.42 million shares traded in two block deals
between 28.05 rupees and 28.70 rupees apiece, according to
Refinitiv data
    ** Stock has been below its 50-day, 100-day, and 200-day
simple moving avgs
    ** Stock most active since March 10
    ** Around 4.5 mln shares change hands by 1:39 a.m. IST, 2.5x
30-day avg of 1.8 mln shares
    ** Stock down 64.6% YTD up to last close, it rose 209.5% in
2022


 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))