Credit rating agency, CRISIL has reaffirmed ‘A1’ rating to Commercial Paper of PC Jeweller. The rating agency has also reaffirmed ‘A’ and ‘A1’ ratings to the company’s long term and short term bank facilities aggregating worth Rs 3650 crore, respectively.
PC Jeweller is one of the leading jewellery companies in India in the organized jewellery retail sector. Its operations include the manufacture, retail and export of jewellery. The company has developed a strong brand in north and central India markets.
