India's PC Jeweller rises on another loan settlement deal

PC Jeweller

16/07/2024 09:17

** Shares of PC Jeweller  PCJE.NS  rises 2.1% to 72.17
rupees, its highest since Jan. 2023
    ** The jeweller says IndusInd Bank  INBK.NS  approves
one-time settlement proposal for outstanding dues 
    ** Punjab National Bank  PNBK.NS , SBI  SBI.NS , Karur Vysya
Bank  KARU.NS  accepted proposals to settle unpaid debts earlier
    ** Including session's gains, PCJE is up ~55% YTD

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))