- By Holly LaFon

Another detractor was PC Jeweller ( BOM:534809 ), an Indian jewelry company. The stock suffered along with the rest of the Indian market following Narendra Modi's announcement to take 500 and 1,000 rupee notes out of circulation for ones with better counterfeit measures. PC Jeweller suffered as a large portion of its transactions are cash based which has affected sales in the short-term.

• Warning! GuruFocus has detected 1 Warning Sign with BOM:534809. Click here to check it out.

• BOM:534809 15-Year Financial Data

• The intrinsic value of BOM:534809

• Peter Lynch Chart of BOM:534809

From Mawer Canada's fourth-quarter 2016 commentary.

This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 1 Warning Sign with BOM:534809. Click here to check it out.

• BOM:534809 15-Year Financial Data

• The intrinsic value of BOM:534809

• Peter Lynch Chart of BOM:534809