PC Jeweller: Bright prospects - Buy
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Demand recovery and expected shift to organised players should aid the company
Investors with a long-term perspective can consider buying the stock of PC Jeweller, one of the leading jewellery brands in the country. The new regulations over the last one to two years, including mandatory PAN for purchase of gold above ₹2 lakh, compulsory hallmarking of jewellery and, recently, a levy of 3 per cent GST, are moves in the right direction and positive for organised jewellers.The ...
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