Trending Stocks Today, August 10, 2026: Vodafone Idea, PC Jeweller, Vedanta Oil & Gas, Electronics Mart in Focus

Mumbai, August 10: Vodafone Idea, PC Jeweller, Vedanta Oil & Gas and Electronics Mart India were among the most actively traded stocks by volume on the NSE on Monday, with all four shares trading higher. Vedanta Oil & Gas led the gains, surging 12.20%, followed by Electronics Mart India, which jumped 9.47%. PC Jeweller advanced 1.94%, while Vodafone Idea gained 1.26%. The stocks attracted strong trading interest amid company-specific triggers ranging from upcoming earnings and debt reduction to a sharp turnaround in profitability and robust quarterly growth. 

Vodafone Idea Limited (up 1.26%)  

Vodafone Idea shares gained on Monday ahead of results, extending the recovery seen in the previous session.  

Last week, Chairman Kumar Mangalam Birla had said higher tariffs would be critical for the telecom operator to finance its next phase of network expansion. 

In his letter to shareholders, Birla pointed to the rapid expansion of India’s digital economy, noting that the country’s broadband subscriber base surpassed the one-billion mark in March 2026. However, he flagged low average revenue per user (ARPU) as a key constraint on the sector’s ability to fund investments in newer telecom technologies. 

“India’s ARPU remains among the lowest globally,” Birla said, adding that periodic tariff increases would be needed to finance network investments and the deployment of next-generation infrastructure. 

The comments assume significance as Vodafone Idea works to secure funding for a ₹45,000-crore capital expenditure programme aimed at expanding its 4G and 5G networks. The company reported an ARPU of ₹190 in the March 2026 quarter and ended FY26 with 192.8 million subscribers, including 128.9 million users on 4G and 5G networks. It also recorded its first net subscriber addition in several years during the March quarter. 

Birla described FY26 as a year in which Vodafone Idea addressed several longstanding challenges, while positioning FY27 as a period focused on execution and expansion. The company plans to accelerate network deployment, strengthen its competitive position and build on improvements to its balance sheet to drive sustained subscriber growth and move towards stronger profitability. 

For investors, the comments underline the importance of tariff increases to Vodafone Idea’s turnaround strategy. Higher tariffs could improve revenue generation and cash flows, but their timing and ability to retain subscribers will remain crucial as the company seeks to fund network expansion and compete with larger rivals. 

PC Jeweller Limited (up 1.94%)  

PC Jeweller shares extended their gains on Monday ahead of the company’s results, building on Friday’s rebound after the stock had declined in the preceding two sessions. Investor sentiment remained supported by the jewellery retailer’s steady progress in paring its debt. 

Last week, PC Jeweller said it had repaid borrowings owed to two more consortium banks ahead of schedule. The latest repayments take the total number of lenders whose dues have been fully cleared to seven out of the company’s 14-member banking consortium. 

The company has said it remains on course to repay its entire outstanding debt during the current quarter, reinforcing its stated goal of becoming a debt-free business. 

The accelerated deleveraging is emerging as a key factor for investors tracking the stock, as lower borrowing obligations could reduce finance costs and strengthen PC Jeweller’s balance sheet, while providing greater flexibility to focus on its core jewellery business. 

Vedanta Oil and Gas Limited (up 12.20%) 

Vedanta Oil & Gas shares jumped on Monday rising almost 11% in a week. 

The recently demerged oil and gas business reported returning to profit a week ago. Vedanta Oil & Gas reported a net profit of ₹945 crore for the June quarter, compared with a loss a year ago. Revenue from operations rose almost 9% year-on-year to ₹2,507 crore. 

The strong turnaround in profitability has added to investor interest in the stock, with the company benefiting from its position in the oil and gas business. The June-quarter numbers marked the newly demerged entity’s first reported quarter as a standalone business, giving investors an early look at its earnings profile following the restructuring. 

Electronics Mart India Limited (up 9.47%)  

Electronics Mart India shares surged on Monday after the consumer electronics retailer reported a strong June-quarter performance on Friday. The stock drew buying interest after the company posted its highest-ever quarterly performance, with profit after tax jumping 458% year-on-year to ₹121 crore. 

Revenue from operations rose 39% to ₹2,419 crore, while EBITDA more than doubled to ₹239 crore. The EBITDA margin also expanded to 9.9%. Gross profit increased 65% to ₹417 crore during the quarter. 

The company’s same-store sales growth stood at 34.2%, with the South cluster reporting 40% revenue growth. The North cluster grew 29%, while its EBITDA margin improved to 4.9% as stores continued to mature. 

Electronics Mart added four stores during the quarter, taking its retail network to 227 outlets across more than 100 cities. Large appliances accounted for 48% of revenue, followed by mobile phones at 39%. The company plans to continue its cluster-based expansion strategy, including an entry into West Bengal, while focusing on disciplined expansion, working capital efficiency and improving customer experience. 

Source

• NSE