Trending Stocks Today, July 20, 2026: PC Jeweller Up After Fundraise Plan, Vodafone Idea Down On Funding Hurdles, Yes Bank Declines After Results, Bhansali Engineering Soars On Report Card

Mumbai, July 20: PC Jeweller, Vodafone Idea, Yes Bank and Bhansali Engineering Polymers were the most actively traded stocks on the National Stock Exchange (NSE) by volume on Monday. While PC Jeweller and Bhansali Engineering gained on company-specific developments and strong June-quarter earnings, respectively, Vodafone Idea and Yes Bank declined as investors assessed fundraising concerns and quarterly results. Here’s why these stocks were in focus today. 

PC Jeweller Limited (up 1.44%)

Shares of PC Jeweller rebounded on Monday after declining in the previous session, when investors reacted to the company’s proposal to raise up to ₹1,000 crore through a Qualified Institutions Placement (QIP), announced on Thursday. 

The company’s board approved the proposed fundraising and also cleared an increase in its authorised share capital from ₹1,310 crore to ₹1,460 crore, subject to shareholders’ approval. The fresh capital is expected to strengthen the balance sheet, meet working capital requirements and support future expansion plans. Following the announcement, HRTI Private sold over 1.32 crore shares through a bulk deal on Friday. 

PC Jeweller’s operational recovery has gathered pace. The company reported a 21% year-on-year rise in consolidated revenue for the June quarter and said it has reduced more than 90% of its outstanding bank debt since implementing its settlement with lenders. 

The jewellery retailer expects to repay its remaining bank debt during the current quarter, a move that would significantly improve its financial position by lowering interest costs and providing greater flexibility to fund future growth. 

Vodafone Idea Limited (down 1.16%)  

Vodafone Idea shares extended their losses on Monday as investors remained cautious over the telecom operator’s funding roadmap and its ability to execute a turnaround amid ongoing financial pressures. 

Investor sentiment has been weighed down by reports that the company’s proposed ₹35,000-crore debt package is yet to receive approval from its lending consortium. According to media reports, banks have sought additional safeguards and a revised business plan before giving the green light, raising uncertainty over the timing of the fund infusion. 

Any further delay could slow Vodafone Idea’s planned investments in expanding its 4G and 5G networks, potentially allowing rivals Reliance Jio and Bharti Airtel to widen their lead. Analysts believe timely network expansion is crucial for the company to improve its competitive position. 

The proposed borrowing is central to Vodafone Idea’s revival strategy, with the proceeds intended to strengthen network infrastructure, enhance service quality and support future growth. Market participants are expected to closely monitor progress on the fundraising, as any prolonged delay could cloud the company’s recovery outlook and keep pressure on the stock. 

Yes Bank Limited (down 2.84%)  

Yes Bank fell after reporting a 34% year-on-year rise in net profit for the June quarter, driven by robust loan growth.  

The private-sector lender posted a standalone net profit of ₹1,070 crore for the quarter ended June 30. 

Yes Bank’s loans grew 18.3%. Deposits rose 14.3%, while net interest income (NII)—the difference between interest earned and interest paid—increased 17.5%.  

The bank’s net interest margin (NIM), a key profitability metric, improved to 2.7% from 2.5% a year earlier.  

Asset quality remained broadly stable during the quarter, with the gross non-performing asset (GNPA) ratio at 1.3% of total advances. 

However, provisions and contingencies more than doubled sequentially to ₹390 crore.  

Bhansali Engineering Polymers Limited (up 15.81%) 

Bhansali Engineering Polymers shares jumped over 10% on Monday after the company reported a strong set of June-quarter earnings. Consolidated net profit rose 43% year-on-year to ₹65.6 crore, while revenue from operations surged 53% to ₹472 crore. Operating EBITDA climbed 44.5% to ₹92.3 crore, although the EBITDA margin narrowed to 19.2% from 20% a year earlier. 

Source

• NSE