Trending Stocks Today, July 3, 2026: PC Jeweller Spikes After Business Update; Vedanta Iron & Steel, Vedanta Oil & Gas Down on Profit Booking; Vodafone Idea Continues to Decline

Mumbai, July 3: PC Jeweller, Vedanta Iron & Steel, Vedanta Oil & Gas and Vodafone Idea emerged as the most traded stocks on the NSE by volume on Friday. PC Jeweller rose after a 21% year-on-year rise in June-quarter revenue. Vedanta Iron & Steel and Vedanta Oil & Gas saw profit booking following their rallies since listing on June 15. Vodafone Idea extended decline from yesterday after a three-session rally. 

PC Jeweller Limited (up 10.36%) 

PC Jeweller share price rallied in trade on July 3 after the company reported a robust business update for the June quarter and reiterated that it expects to become debt-free during the current quarter. The jewellery retailer said its consolidated revenue rose around 21% year-on-year in June quarter. It added that it has reduced more than 90% of its outstanding bank debt since signing a settlement agreement with lenders in September 2024, including a further 24% reduction during the June quarter. 

Stock saw a spike as of writing due to excessive enthusiasm over the company’s business update for the June quarter. Source: NSE 

Vedanta Iron and Steel Limited (down 1.01%) 

Vedanta Iron & Steel share price declined on July 3, in step with losses seen across several recently demerged Vedanta group companies, as investors booked profits. The stock had soared nearly 100% since listing on June 15. Other demerged entities, including Vedanta Power and Vedanta Oil & Gas, also came under pressure, reflecting a broader cooling-off across the group’s newly listed stocks after their stellar post-demerger gains. 

Vedanta Oil and Gas Limited (down 3.25%) 

Vedanta Oil & Gas share price slumped on July 3 as investors rushed to book profits after the stock’s rally since listing. The demerged company has risen 19% since listing on June 15. Friday’s decline snapped the winning streak and came amid a broader selloff across Vedanta’s demerged businesses, with Power and Iron & Steel also witnessing corrections. Market participants attributed the decline primarily to profit booking rather than any deterioration in the company’s fundamentals. The stock has risen 29% over a week. 

Stock rose after open before slumping as profit booking set in after listing gains. Source: NSE 

Vodafone Idea Limited (down 0.48%) 

Vodafone Idea share price fell on Friday, extending losses after declining on Thursday and snapping a three-session winning streak. The stock had climbed more than 2% on Monday, buoyed by strong buying in the final half hour of trade following the Nifty index rebalancing, and extended its gains on Tuesday and Wednesday before profit booking set in. 

Stock has been mostly negative today as selling continued from yesterday as investors booked profits after a three-day rally. Source: NSE  

Despite the recent decline, investor sentiment has remained supported by the telecom operator’s improving operational performance as the stock is up over 2% over a week. According to the Telecom Regulatory Authority of India (TRAI), Vodafone Idea added 1.21 lakh wireless subscribers in May, more than doubling the 53,257 users added in April and marking its fourth consecutive month of net subscriber additions. 

Source

• NSE