PC Jeweller sinks for 5th session, down 15%

PC Jeweller (PCJ) tanked 15% on Thursday, stretching its losses to the fifth trading session. The sharp plunge came a day after the stock plummeted 15.59% on the BSE.
Of the 19 trading days this month, the stock has risen only in five. There are rumors in the market that promoter stake in the company might have fallen by 1-2%. The company though has brushed aside such talk.

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