New Delhi, Aug. 4 -- Jewellery stock PC Jeweller share price rebounded 3.5% from its day's low after the company announced that it has successfully cleared and repaid all its outstanding debt.

It initially fell to its day's low of Rs.9.57 but later rebounded 3.5% to its day's high of Rs.9.92. It ended 1.76% higher at Rs.9.81 per share on BSE.

In a regulatory filing, the company said the latest repayment comes in continuation of its earlier intimations regarding the successful clearance and repayment of outstanding debt to banks. With the repayment completed, PC Jeweller has now cleared all its outstanding debt relating to seven out of the 14 consortium banks.

"In continuation to our earlier intimations regarding successful clearance an...