Trending Stocks Today, August 25, 2026: Vodafone Idea, Shankesh Jewellers, PC Jeweller, Bajaj Hindusthan Sugar

Mumbai, August 25: Vodafone Idea, Shankesh Jewellers, PC Jeweller and Bajaj Hindusthan Sugar were among the most actively traded stocks by volume on the NSE on Tuesday, with company-specific developments driving sharp moves in several counters. Vodafone Idea shares gained nearly 6% amid reports of potential debt funding, while Shankesh Jewellers extended its strong debut after listing at a premium to its IPO price. PC Jeweller also advanced after shareholders approved key fundraising proposals, whereas Bajaj Hindusthan Sugar declined amid profit booking across sugar stocks following the government’s move to ease raw sugar imports. 

Vodafone Idea Limited (up 5.97%)  

Shares of Vodafone Idea surged on Tuesday  amid heavy trading volumes. The stock has extended its gains for a second straight session as reports that the telecom operator is close to securing debt funding from a consortium of public sector banks lifted investor sentiment. 

The company is reportedly in the final stages of closing the financing, led by State Bank of India, with SBI expected to release funds after other lenders approve their respective portions of the proposed facility. The potential funding is being closely watched as Vi seeks to strengthen its finances and support its network expansion. 

Two weeks ago, Vodafone Idea reiterated its three-year turnaround plan, centred on aggressive network investment, wider 4G and 5G coverage and a sustained improvement in financial performance. 

A major component of the strategy is a ₹45,000-crore investment in the network over the next three years. The telecom operator plans to add around 3,500 4G sites every month and expand 4G coverage across 17 key circles over the next 18 months. It also plans to extend 5G services to more than 200 additional cities over the next two quarters. 

Vodafone Idea is targeting double-digit revenue growth over the three-year period and aims to triple its cash EBITDA as network expansion and improved customer metrics strengthen its financial position. 

To fund the expansion, the company has been in talks with lenders for additional financing. It has already secured a ₹6,400-crore funding tranche and placed network equipment orders worth around ₹9,000 crore, with deliveries and deployment expected over the next two quarters or earlier. 

CEO Abhijit Kishore has expressed confidence in the turnaround strategy. The company’s financial position has also received a boost from the government’s conversion of Vodafone Idea’s telecom dues into equity, making the government its largest shareholder. 

The turnaround plan follows Vodafone Idea’s first-quarter results, where the company narrowed its loss, helped by an improvement in average revenue per user (ARPU), offering some early signs of progress in its efforts to stabilise the business. 

PC Jeweller Limited (up 0.63%)  

PC Jeweller shares continued their climb on Tuesday, extending the recent rally after shareholders approved key proposals aimed at strengthening the company’s capital-raising flexibility. 

The company received shareholder approval to increase its authorised share capital to ₹1,460 crore, comprising ₹1,200 crore of equity share capital and ₹260 crore of preference share capital. 

Shareholders also approved a proposal to raise up to ₹1,000 crore through a Qualified Institutional Placement (QIP). 

The approvals come as PC Jeweller continues its financial turnaround. The higher authorised capital provides room for potential fundraising, while the proposed QIP could help strengthen the company’s balance sheet and support its growth plans. The stock has remained in focus amid the company’s improving financial position and recent corporate developments. 

Shankesh Jewellers Limited (up 5.68% over issue price) 

Shankesh Jewellers shares made a strong stock market debut on Tuesday, listing at ₹103.30 on the NSE, a premium of 11.08% over its IPO price of ₹93. On the BSE, the stock opened at ₹102.20, marking a 9.89% premium. 

The ₹367.18-crore IPO was subscribed 2.8 times during its three-day bidding period. The Mumbai-based company had fixed the issue price band at ₹88-93 per share. 

Investors will now focus on whether the stock can sustain its gains and how its valuation stacks up against its growth and profitability prospects. 

Bajaj Hindusthan Sugar Limited (down 5.45%)  

Bajaj Hindusthan Sugar shares fell on Tuesday, extending profit booking across sugar stocks after the sector’s sharp rally. The stock came under pressure alongside Balrampur Chini Mills, Shree Renuka Sugars and other sugar companies after the government eased rules governing duty-free imports of raw sugar. 

The government had allowed duty-free imports of up to 1 million tonnes of raw sugar under a tariff-rate quota, as it seeks to improve domestic availability and contain a sharp rise in sugar prices ahead of the festive season. 

The latest notification gives importers greater flexibility by replacing the earlier fixed October 31 deadline with a two-month window from the date of filing the Bill of Entry. The move is aimed at boosting supplies and curbing hoarding, but has raised concerns among investors about the potential impact of increased imports on domestic sugar prices and mill profitability. 

Bajaj Hindusthan had been among the major beneficiaries of the recent sugar-stock rally, with the stock gaining sharply on Monday amid higher sugar prices and supply concerns. The Tuesday decline therefore also reflects profit booking after the recent run-up, alongside concerns over the government’s efforts to increase domestic sugar availability. 

Source

• NSE