Trending Stocks Today, August 3, 2026: Urban Company, PC Jeweller, Jaiprakash Power Ventures, Vodafone Idea In Focus 

Mumbai, August 3: Shares of Urban Company, PC Jeweller, Jaiprakash Power Ventures and Vodafone Idea were among the most actively traded stocks on the NSE on Monday, with the counters witnessing heightened investor interest amid company-specific developments. Urban Company surged over 14% after reporting strong revenue growth and a sequential narrowing of its quarterly loss, while PC Jeweller extended gains on progress towards becoming debt-free. Jaiprakash Power Ventures rallied after shareholders approved key resolutions at its annual general meeting, whereas Vodafone Idea edged higher despite a ₹26.83-crore liquidated damages notice from the Department of Telecommunications. 

PC Jeweller Limited (up 4.43%)  

Shares of PC Jeweller extended their gains on Monday after rallying in the previous session, following the jewellery retailer’s announcement that it has repaid more than 96% of its outstanding debt to a consortium of 14 banks. The company is now on track to achieve its goal of becoming debt-free during the current quarter. 

PC Jeweller said it has fully settled its dues with five of the 14 consortium lenders, while the remaining less than 4% of its bank debt is expected to be repaid within the current quarter. 

Meanwhile, the jewellery retailer is seeking shareholder approval for a qualified institutional placement (QIP) of up to ₹1,000 crore, along with the proposed reappointment of Balram Garg as managing director. 

The proposals were detailed in a notice issued recently, after the company’s board approved the ₹1,000-crore QIP earlier in July. The proposed fundraise is expected to strengthen the company’s balance sheet and support its business plans as it moves closer to becoming debt-free. 

Jaiprakash Power Ventures Limited (up 3.94%)  

Shares of Jaiprakash Power Ventures rallied on Monday, extending gains from the previous session, after shareholders approved all resolutions put forward at the company’s 31st Annual General Meeting held on July 30. 

The approved resolutions included the adoption of the company’s audited standalone and consolidated financial statements for FY26, ratification of the cost auditor’s remuneration and several appointments to the board. 

Shareholders also approved the appointment of Savan Jayendra Patel as Whole-time Director, while Jayadeb Nanda and Naresh Telgu were appointed as non-executive, non-independent directors. The company also received approval for the appointment of Shruti Anup Shah, Jayant Misra and Mukesh M. Shah as independent directors. 

The AGM also included resolutions concerning commission-based remuneration for former executive directors and non-executive directors who served during FY26. According to the company’s filing, the meeting was conducted via video conference and was attended by 129 shareholders, including one shareholder from the promoter and promoter group and 128 public shareholders. 

The positive sentiment around the stock also comes amid a significant shift in Jaiprakash Power Ventures’ ownership structure. Following the implementation of the approved resolution plan for Jaiprakash Associates, Adani Power acquired a 24% stake in Jaiprakash Power Ventures, with the transaction becoming effective on May 21, 2026. 

Vodafone Idea Limited (up 0.23%)  

Shares of Vodafone Idea edged higher on Monday after the telecom operator disclosed that the Department of Telecommunications (DoT) has issued a notice seeking ₹26.83 crore in liquidated damages for an alleged failure to meet minimum rollout obligations linked to spectrum acquired in the 2022 auctions. 

In an exchange filing on Saturday, the company said it received the notice on Friday, July 31, and is currently reviewing the demand before deciding on its next course of action. 

The development comes after Vodafone Idea disclosed last week that the Telecom Regulatory Authority of India (TRAI) had imposed a financial disincentive of ₹6.3 lakh under the Telecommunication Mobile Number Portability Regulations, 2009, in connection with the rejection of a porting request. The company said it is examining the order and assessing its next steps, adding that the maximum financial impact would be limited to the amount of the penalty. 

Meanwhile, the firm has seen signs of improvement in its subscriber base. Vodafone Idea added 1,63,757 mobile users in June 2026, marking its fifth consecutive month of subscriber additions, according to TRAI data. 

Investors are also tracking the company’s proposed ₹35,000-crore debt fundraising, which is expected to provide funding for network expansion and help strengthen its 4G infrastructure while accelerating 5G investments. However, the fundraising plan is yet to receive final approval from the company’s lending consortium. 

Any delay in securing the proposed financing could put pressure on Vodafone Idea’s capital expenditure plans, particularly if network equipment costs increase. The telecom operator faces the challenging task of upgrading its network and expanding 5G coverage while managing funding constraints and competing with better-capitalised rivals in India’s increasingly competitive telecom sector. 

Urban Company Limited (up 14.31%) 

Shares of Urban Company surged on Monday, as investors focused on the home services platform’s narrowing quarterly loss, strong revenue growth and improving operating metrics despite the company remaining in the red during the June quarter. 

Investors took comfort from a sequential improvement in profitability and strong growth across its business segments. 

Urban Company’s consolidated net loss stood at ₹92.12 crore in the April-June quarter, narrowing 43% from a loss of ₹161.16 crore in the preceding quarter. However, the company had reported a net profit of ₹6.94 crore in the year-ago period. 

At the operating level, the company’s EBITDA loss also improved to ₹93 crore in the June quarter from ₹114 crore in the previous quarter. Its EBITDA margin improved to -17.53%, compared with -26.89% a year earlier. 

The key positive for investors was the company’s strong revenue performance. Revenue from core operations rose 44% year-on-year to ₹528.34 crore in the first quarter of FY27. 

On a sequential basis, revenue increased 24%. The company reported growth across its major businesses, including newer InstaHelp vertical. 

Urban Company’s InstaHelp business also emerged as a key driver of investor optimism. The quick-service home platform, which offers services such as cleaning, dishwashing, laundry and meal preparation, delivered more than 100,000 orders in a single day on August 2. 

Source

• NSE