Secret gift! How PC Jeweller stock lost Rs 18,000 crore in m-cap over shares given to family members

An Indian jeweler that saw its market worth reach $3.6 billion at the start of the year is now floundering at less than a quarter of that value after one of its founders gifted some shares to family members, raising concern about the company’s governance.

from The Financial ExpressThe Financial Express https://ift.tt/2FFOdQg
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