Wednesday, 16 August 2017

PC Jewellers Stock Future Trading Advice for up-coming Week

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in PC Jewellers.

PC jewellers Future is the stock which I would recommend to buy above Rs 350; it can go to level closer to Rs 360 & put stop loss of below Rs 340”


PC Jewellers registered good sales growth in the recently concluded quarter on account of a spike in pre-GST sales, especially in the last fortnight of June 2017. However, their bottom-line bore the brunt on account of pricing cuts, additional promotional costs, and a rise in overheads.

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