Trending Stocks Today, August 6, 2026: Allcargo Logistics Soars 16%, Morepen Extends Rally; Vodafone Idea, PC Jeweller Under Pressure 

Mumbai, August 6: Shares of Allcargo Logistics, Vodafone Idea, Morepen Laboratories and PC Jeweller emerged among the most actively traded stocks by volume on the NSE on Thursday. While Allcargo Logistics led the gainers after upbeat quarterly earnings and a strong outlook, Morepen Laboratories extended its post-results rally on robust June-quarter performance. On the other hand, Vodafone Idea slipped after Chairman Kumar Mangalam Birla flagged the need for a round of tariff hikes to support network investments, while PC Jeweller remained under pressure for a second straight session amid profit booking following its recent rally driven by debt repayment announcements. 

Allcargo Logistics Limited (up 15.85%) 

Allcargo Logistics shares rallied after the company reported strong growth across its express distribution and contract logistics businesses in the June quarter. The performance was supported by higher volumes, disciplined pricing, improved customer engagement and operational efficiency initiatives. 

The company posted a 39% year-on-year increase in EBITDA in Q1FY27, reflecting improved profitability. Its express distribution business recorded a 13.5% year-on-year rise in revenue, driven by better operational performance, while the contract logistics segment reported 6% revenue growth during the quarter. 

Allcargo Logistics said it continued to strengthen its domestic supply chain operations through greater digital adoption, cost optimisation measures and deeper customer relationships. The company expects business momentum to improve further in the second and third quarters, supported by increased activity during the upcoming festive season. 

Following the implementation of its composite Scheme of Arrangement, Allcargo has demerged its International Supply Chain (ISC) business and consolidated its domestic supply chain operations. The domestic business includes express distribution and consultative logistics, along with verticals such as air freight, e-commerce logistics, and first- and last-mile delivery. The company also operates specialised B2C offerings, including Laabh, Bike Express and Student Express. 

Vodafone Idea Limited (down 0.47%) 

Shares of Vodafone Idea (Vi) came under pressure after Vodafone Idea Chairman Kumar Mangalam Birla said the telecom operator will require a round of tariff hikes to fund continued network expansion. 

In his message to shareholders, Birla said India’s broadband subscriber base crossed the one-billion mark in March 2026, reflecting the growing role of mobile connectivity in powering the country’s digital economy. However, he noted that the industry’s low average revenue per user (ARPU) continues to constrain operators’ ability to invest in next-generation infrastructure. 

“India’s ARPU remains among the lowest in the world. Periodic tariff revisions are therefore necessary to sustain investments and finance the rollout of next-gen networks,” he said. 

The comments come as Vodafone Idea continues discussions with lenders to secure funding for its ₹45,000-crore capital expenditure programme, aimed at accelerating the expansion of its 4G and 5G networks. The company reported an ARPU of ₹190 for the March 2026 quarter and ended FY26 with 192.8 million subscribers, including 128.9 million using 4G and 5G services. The March quarter also marked its first subscriber addition after years of customer losses. 

Birla described FY26 as a year in which the company resolved several long-standing financial challenges, while positioning FY27 as the beginning of an execution-focused phase. With improved financial visibility, strengthening operating metrics and renewed investment capacity, Vodafone Idea now plans to prioritise network rollout, sharpen its competitive position and convert balance-sheet improvements into sustained subscriber growth and higher earnings. 

Morepen Laboratories Limited (up 6.37%)  

Shares of Morepen Laboratories extended their rally after the pharmaceutical company reported a sharp improvement in its June-quarter earnings.  

The company posted a 394% year-on-year jump in net profit to ₹56.4 crore for the June quarter, while revenue rose 34% to around ₹575 crore. Operating profitability also surged significantly. Morepen Laboratories reported robust momentum in its overseas business, with export revenue more than doubling year-on-year, rising 111% during the June quarter. The company’s API segment expanded 31%, aided by a rebound in its base business, a richer product portfolio, sharper customer focus and improved operational efficiency. API exports alone grew 42% over the year. 

PC Jeweller Limited (down 1.63%) 

Shares of PC Jeweller extended their decline for a second straight session on Thursday as investors booked profits following Tuesday’s rise after the company announcing that it had cleared outstanding dues to two more consortium banks ahead of schedule, raising the number of lenders fully repaid to seven out of 14. The jewellery retailer reiterated its target of becoming debt-free within the current quarter. 

Source

• NSE