Trending Stocks Today, August 5, 2026: Ola Electric Surges 7%, Restaurant Brands Asia Jumps; Vodafone Idea Slips 

Mumbai, August 5: Ola Electric Mobility, PC Jeweller, Vodafone Idea and Restaurant Brands Asia emerged among the most actively traded stocks on the National Stock Exchange (NSE) by volume during Wednesday’s session. While Ola Electric and Restaurant Brands Asia attracted strong buying following positive corporate developments and earnings, PC Jeweller extended its recent gains after further debt repayments. Vodafone Idea, however, traded lower as investors weighed recent regulatory headwinds alongside the company’s ongoing fundraising plans. 

Ola Electric Mobility Limited (up 6.97%)  

Ola Electric Mobility shares rose on Wednesday after the electric two-wheeler maker signed a memorandum of understanding (MoU) with Axis Energy Ventures India, marking its entry into utility-scale energy storage segment.  

The MoU is the first large partnership for Ola Mahashakti, which is Ola’s upcoming energy storage platform for commercial, industrial and utility-scale applications. Ola Mahashakti will be launching on 15 August. 

Axis Energy Ventures India is a renewable energy company which develops utility-scale wind, solar, hybrid, and integrated energy solutions. Headquartered in Hyderabad, the company has over 15 years of experience in developing and delivering renewable energy projects across India.  

PC Jeweller Limited (up 0.20%)  

Shares of PC Jeweller extended their gains on Wednesday after the jewellery retailer announced it had 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 repayments were completed ahead of schedule, underscoring its goal of becoming debt-free during the current quarter. 

Vodafone Idea Limited (down 0.54%)  

Shares of Vodafone Idea traded lower on Wednesday, with investors continuing to assess a string of recent regulatory developments even as the telecom operator reported improving subscriber trends. 

Most recently, the company said it had received a ₹26.83-crore demand notice from the Department of Telecommunications (DoT) for alleged non-compliance with minimum rollout obligations linked to spectrum acquired in the 2022 auctions. Vodafone Idea said it received the notice on July 31 and is reviewing it before deciding on its next course of action. 

The development comes days after the Telecom Regulatory Authority of India (TRAI) imposed a ₹6.3-lakh financial disincentive on the company last week over the rejection of a mobile number portability request. Vodafone Idea said it is evaluating its options and added that its maximum financial exposure would be limited to the amount of the penalty. 

The telecom operator added subscribers for the fifth consecutive month in June, offering some relief as it seeks to narrow the gap with larger rivals. Investors are also awaiting clarity on the company’s proposed ₹35,000-crore debt fundraising, which is expected to finance the expansion of its 4G network, accelerate 5G rollout and strengthen overall network infrastructure. However, the proposal is still awaiting approval from the lending consortium, leaving the timing of the capital raise uncertain. 

Separately, Vodafone Idea has issued a notice convening its 31st Annual General Meeting (AGM), which is scheduled to be held on August 27 through video conferencing. 

Restaurant Brands Asia Limited (up 4.42%)  

Shares of Restaurant Brands Asia, the operator of Burger King in India, extended their gains on Wednesday after the company reported a narrower consolidated loss for the June quarter, driven by robust sales growth in its domestic business. Investor sentiment remained upbeat after the stock rallied sharply in the previous session following the earnings announcement. 

The company posted a consolidated net loss of ₹28.3 crore for the quarter, improving from ₹41.9 crore a year earlier, while revenue from operations rose nearly 18% year-on-year to ₹823 crore. 

Its India business emerged as the key growth driver, with revenue increasing 23.6% and same-store sales growth accelerating to 12.6%, signalling resilient consumer demand and improved store performance. 

The stronger performance reinforced optimism about the company’s turnaround efforts, with investors betting that sustained sales momentum and improving profitability could support earnings recovery in the coming quarters. 

Source

• NSE