BusinessPhoto: News18Hi BusinessPC Jeweller Shares Rise 6%, Yes Bank Falls 4% on Court Decision
On October 21, PC Jeweller shares rose nearly 6% to a 52-week high after the company cleared dues with 14 banks, becoming debt-free and boosting investor sentiment. Conversely, Yes Bank shares dropped about 4% to ₹16.25 following the Supreme Court's ruling on AT-1 bond reinstatement, raising concerns over the bank's profits and capital. Nomura also lowered Yes Bank's target price.
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