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This company is PC Jeweller Ltd. The company's stock continues to rise rapidly. The stock opened at Rs 174.40 on Monday morning against the closing price of Rs 169.69. After this, the stock got locked at the upper circuit of Rs 178.17. Upper circuit means when there are only buyers of the stock. In such a situation, the trading of the stock on the exchange is stopped at the limit decided by the initiative.
Decision will be taken on share split -
The board meeting of the company will be held on 30 September 2024. The company had given one bonus share for one in the year 2017. At the same time, the company will take a decision on share split on Monday. A decision will be taken on reducing the face value.
There has been no change in the promoters' stake. It remains at 54.53 percent. FIIs i.e. foreign institutional investors are continuing to buy shares. It was 0.93 percent in March 2024. At the same time, the stake has increased to 2.57 percent in June 2024.
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