Trending Stocks Today, August 4, 2026: Vodafone Idea, PC Jeweller, Restaurant Brands Asia, Jaiprakash Power Ventures In Focus 

Mumbai, August 4: Shares of Vodafone Idea, PC Jeweller, Restaurant Brands Asia and Jaiprakash Power Ventures were among the most actively traded stocks on the NSE by volume on Tuesday, with company-specific developments driving investor interest. Vodafone Idea remained in focus after the telecom operator received a ₹26.83-crore demand from the Department of Telecommunications over alleged spectrum rollout violations, while PC Jeweller gained after clearing dues to two more consortium banks as it works towards becoming debt-free. Restaurant Brands Asia, the operator of Burger King India, surged more than 18% after reporting a narrower June-quarter loss and strong revenue growth, while Jaiprakash Power Ventures extended recent gains following shareholder approvals at its annual general meeting and a significant change in its ownership structure following Adani Power’s acquisition of a 24% stake. 

Vodafone Idea Limited (down 0.62%) 

Shares of Vodafone Idea fell on Tuesday, extending losses from the previous session, after the telecom operator disclosed that the Department of Telecommunications (DoT) had demanded ₹26.83 crore in liquidated damages for allegedly failing to meet minimum rollout obligations associated with spectrum acquired in the 2022 auctions. 

Vodafone Idea said on Saturday it had received the notice on July 31. The company said it will decide on its next course of action after reviewing the notice. 

The latest development follows another regulatory setback disclosed by the telecom operator last week. The Telecom Regulatory Authority of India (TRAI) imposed a financial disincentive of ₹6.3 lakh on Vodafone Idea in connection with the rejection of a porting request. 

Vodafone Idea said it is assessing its next steps. The company added that the maximum financial impact from the matter would be limited to the amount of the penalty imposed. 

Amid the regulatory challenges, Vodafone Idea clocked its fifth consecutive month of subscriber additions in June. 

The sustained increase in subscribers offers some relief for the company as it continues to compete against larger rivals in India’s telecom market. 

Investors are also closely tracking Vodafone Idea’s proposed ₹35,000-crore debt fundraising plan. The proposed financing is expected to support the company’s network expansion, strengthen its 4G infrastructure and accelerate investments in 5G services. 

However, the fundraising proposal is yet to receive final approval from the company’s lending consortium, leaving the timing of the capital infusion uncertain. 

The company needs significant capital to upgrade its existing network, expand 5G coverage and improve service quality as it battles for market share against competitors. 

PC Jeweller Limited (up 0.52%) 

Shares of PC Jeweller rose after the jewellery retailer said it had cleared and repaid all outstanding debt owed to two more consortium banks, taking the total number of lenders settled to seven out of 14. The company said the debt repayments were made ahead of their scheduled due dates, reinforcing its target of achieving a debt-free status in the current quarter. 

Restaurant Brands Asia Limited (up 18.54%) 

Shares of Burger King India operator Restaurant Brands Asia surged after the company reported a narrower consolidated net loss of ₹28.3 crore for the June quarter, compared with ₹41.9 crore a year ago. Revenue from operations rose nearly 18% year-on-year to ₹823 crore. The company’s India business reported revenue growth of 23.6% while same-store sales growth accelerated to 12.6%, supporting investor sentiment. 

Jaiprakash Power Ventures Limited (up 0.16%) 

Shares of Jaiprakash Power Ventures edged higher on Tuesday, extending gains from recent sessions, after shareholders approved all resolutions proposed at the company’s 31st Annual General Meeting (AGM) held on July 30. 

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

The AGM also saw shareholders approve resolutions related to commission-based remuneration for former executive directors and non-executive directors who served during FY26.  

Investor interest in Jaiprakash Power Ventures has also been supported by a significant change in the company’s ownership structure. After the implementation of the approved resolution plan for Jaiprakash Associates, Adani Power bought a 24% stake in Jaiprakash Power Ventures. 

The transaction became effective on May 21, 2026, marking a major shift in the company’s ownership and adding to investor focus around its future strategic direction. 

The AGM approvals, along with the change in shareholding following Adani Power’s acquisition, have kept the stock in focus as investors assess the company’s governance structure and prospects under its new ownership framework. 

Source

•  NSE