Research Head (MONEY MAKER
RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one
can go long in PC Jeweller.
“PC JEWELLERS Future is the
stock which I would recommend to buy above Rs 378; I would still look
at levels of around Rs 388-390 as a trend & put stop loss of
below Rs 366.”
According to industry sources,
unorganised units and small jewellery makers may join hands with the
relatively better-positioned brands through franchises, thereby
leading to consolidation and market share gains for the organised
entities.
From Jewellery industry PC
Jeweller is in focus as Crisil upgrades their long-term rating
recently which will add fuel to it.