India Ratings and Research Private (Ind-Ra), a Fitch Group Company has assigned ‘A1+’ rating to the PC Jeweller’s additional Rs 300 crore commercial paper programme. Simultaneously, the rating agency has affirmed ‘Al+’ rating to the company’s existing Rs 200 crore commercial paper programme.
PC Jeweller is engaged in manufacturing jewelry products. It offers gold and diamond jewelry and silver articles. Its products include bangles, bracelets, earrings, pendant set, necklaces, pendant, nose rings and rings.