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PC Jeweller board clears ₹1,000 crore QIP as shares slide 6%
PC Jeweller's board approved raising up to ₹1,000 crore via QIP in one or more tranches and increasing authorised share capital to ₹1,460 crore. Shares slid nearly 6% on the announcement despite multibagger multi-year gains.
Reported figures
From the report. Source details below
| share fell 5.80% to | ₹9.73 |
|---|---|
| authorised capital raised from ₹1,310 crore to | ₹1,460 crore |
Also in the report
- 150 crore new equity shares
Other figures
- 257% five-year return
- 205% three-year return
- -43% one-year
The source
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