PC Jeweller jumps 6% after repaying 2 consortium banks; eyes debt-free status by Q2 FY27

PC Jeweller shares climbed 6.5% after the company said it had repaid all outstanding debt owed to two of its 14 consortium banks under a September 2024 settlement agreement. Calling it a key milestone in its turnaround, the jeweller said it expects to clear the remaining debt and achieve debt-free status during the current quarter, strengthening its financial position.

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