PC Jeweller shares gain in debut after $111 mn IPO

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PC Jeweller shares were trading at 143.50 rupees in the National Stock Exchange. (Reuters) PC Jeweller shares were trading at 143.50 rupees in the National Stock Exchange. (Reuters)
SummaryPC Jeweller shares were trading at 143.50 rupees in the National Stock Exchange.

Shares in PC Jeweller rose in their stock market debut on Thursday, after the company raised 6.1 billion Indian rupees ($111.20 million) in an initial public offering earlier this month.

PC Jeweller shares were trading at 143.50 rupees in the National Stock Exchange (NSE) as of 0435 GMT, up 6.3 percent from its IPO price of 135 rupees a share. Shares of the jewelry company had risen to as high as 143.90 rupees.

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