Why Pc Jewellers Share Falling? (Solution)

  • During the afternoon session today, the share price of PC Jeweller plummeted after the company announced a net loss of Rs 376.8 crore on a standalone basis during the fourth quarter of the previous fiscal year, mostly due to a loss in the export sector. The firm had made a net profit of Rs 118.28 crore during the same time the previous year.

Why is PC Jeweller share going down?

During the afternoon session today, the share price of PC Jeweller plummeted after the company announced a net loss of Rs 376.8 crore on a standalone basis during the fourth quarter of the previous fiscal year, mostly due to a loss in the export market. A net profit of Rs 118.28 crore was reported by the corporation for the fiscal year ended March 31, 2015.

What went wrong with PC Jewellers?

PC Jeweller’s stock began to decline on February 2, 2013, following news that Vakrangee’s stock had seen a steep drop the previous day as a result of media claims that the company was being investigated by the Securities and Exchange Board of India (Sebi) for alleged stock manipulation. On the BSE, the shares of PC Jeweller fell by 24.40 percent to close at Rs 365.60 per share.

Who is owner of tanishq?

Tanishq is a brand of jewellery retail outlets in India that was founded in 2002. Titan Company, which is backed by the Tata Group and TIDCO, is the owner of the Titan trademark. Titan’s initial managing director, Xerxes Desai, picked the name Tanishq as the company’s moniker.

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Which gold shop is best in India?

In India, the top ten best jewelry brands are as follows:

  • Tanishq is the first of them. With support from Tata Company and TIDCO, it strives to be India’s most dependable jewels brand.
  • 3) TBZ.
  • 4) Kalyan Jewellers.
  • 5) Bhima Jewellers.
  • 7) Amrapali Jewellers.
  • 8) Senco
  • and,9) PC Chandra Jewellers.

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