Penny stock under Rs.10 trades green despite stock market sell-off
New Delhi, Aug. 19 -- The Indian stock market extended the selling spree for the ninth straight session. Out of the three key indices, the Nifty 50 index opened lower at 24,152 and touched an intraday low of 24,027. However, some stocks witnessed buying interest despite selling pressure on Dalal Street. PC Jeweller shares are one of them. PC Jeweller share price opened higher at Rs.9.65 apiece and touched an intraday high of Rs.9.87 per share within a few minutes of the Opening Bell. The penny stock is still trading green, as the Closing Bell is just an hour away.
The jewellery brand informed the Indian stock market exchanges on Tuesday that it had cleared the outstanding debt of 8 out of the 14 bank consortium, saying, "In line with its...
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