India's PC Jeweller jumps on settling dues with lender SBI

PC Jeweller

14/03/2024 04:12

** PC Jeweller's shares  PCJE.NS  rise exchange-allowed
maximum of 5%
    ** Co says State Bank Of India  SBI.NS  agrees to one-time
settlement for outstanding dues; no amount mentioned
    ** SBI shares edge 0.3% lower on the day  
    ** SBI down 0.5% in March and up over 16% YTD
    ** PCJE up over 6% in March and up ~31.4% YTD

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