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New Diamond Jewellery Stores

PC Jeweller Ltd today said it has invested Rs 175 crore to buy gold and diamond jewellery stocks for six new retail outlets, and will infuse Rs 225 crore more next quarter for further expansion.

PC Jeweller, which has five jewellery manufacturing plants in Dehradun and Noida, had 30 retail stores till last fiscal, which have now gone up to 36.

The company got listed in December, 2012 after launching Initial Public Offer (IPO) of about Rs 600 crore.

Business Standard

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