Credit Analysis & Research (CARE Ratings) has reaffirmed its ratings assigned to the Fixed Deposit programme (Jewel For Less-Jewellery Purchase Scheme) of PC Jeweller. The credit rating agency has reaffirmed the rating at ‘A+(FD)’ for Fixed Deposit Programme amounting to Rs 200 crore.
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.