PC Jeweller Limited (BSE: 534809) is a jeweller based in New Delhi, India. It started operations in April 2005 with one showroom at Karol Bagh Delhi and 84 showrooms in India. It is a first generation business promoted by two brothers- Padam Chand Gupta and Balram Garg. It presently has 84 stores in 70 cities and 19 states. Company Board of directors announced a share buy back scheme to arrest the fall of their shares in the market and later reversed their decision which led to a huge loss of wealth to its shareholders.
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