Penny stock under₹10 PC Jeweller pares early losses, jumps around 3% from today's low; here's why

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PC Jeweller shares rose nearly 3% after announcing the repayment of over 96% of its bank debt, aiming for debt-free status this quarter. The stock opened at ₹9.21, fell to ₹9.04, and then rebounded to ₹9.30.