Trending Stocks Today, July 31, 2026: : Vodafone Idea, Jaiprakash Power, GACM Technologies, PC Jeweller In Focus 

Mumbai, July 31: Vodafone Idea, Jaiprakash Power Ventures, GACM Technologies and PC Jeweller were among the most actively traded stocks by volume on the NSE on Friday. While GACM Technologies surged nearly 19% and Jaiprakash Power Ventures gained nearly 7%, Vodafone Idea and PC Jeweller also attracted strong trading activity amid company-specific developments, including Vodafone Idea’s AGM announcement and PC Jeweller’s progress on debt repayment. 

Vodafone Idea Limited (up 0.62%)  

Shares of Vodafone Idea gained in Friday’s trade after the telecom operator announced that its 31st Annual General Meeting will be held on August 27 through video conference. The company’s register of members will remain closed from August 20 to August 27, both days inclusive, for the AGM. 

Separately, Vodafone Idea disclosed that the Telecom Regulatory Authority of India (TRAI) has levied a ₹6.3 lakh financial disincentive on the company under the Telecommunication Mobile Number Portability Regulations, 2009, in connection with the rejection of porting request. The company said it is reviewing the order and evaluating the next steps, with the maximum financial impact limited to the amount of the disincentive.  

Vodafone Idea shares declined on Thursday, giving up some of the gains from the previous session, when the stock had benefited from the telco’s fifth consecutive month of subscriber additions. The company’s mobile subscriber base expanded by 1,63,757 users in June 2026, according to TRAI data.

The stock had, however, come under pressure on Tuesday following a report that Vodafone Idea may choose not to renew 39.5 MHz of spectrum across the 900 MHz and 1800 MHz bands in six circles. The development raised concerns over the telecom operator’s spectrum strategy as it continues to work on strengthening its network and competing with larger rivals. 

Adding to the challenges, network equipment manufacturers are reportedly preparing to increase prices, potentially raising Vodafone Idea’s capital expenditure requirements. The operator is seeking to expand its network and close the gap with competitors in 5G deployment, making any increase in equipment costs a potential additional strain on its finances.

Against this backdrop, timely access to funding remains critical for Vodafone Idea. The company’s proposed ₹35,000-crore debt fundraising is expected to support its expansion plans, with the proceeds likely to be directed towards strengthening its 4G network and accelerating 5G investments. However, the proposal is yet to receive final approval from the company’s lending consortium. 

Any delay in securing the proposed funds could complicate Vodafone Idea’s capital expenditure plans, particularly if network equipment prices rise further. The operator faces the difficult task of upgrading its network and expanding 5G coverage while navigating funding constraints and competing against better-capitalised rivals in India’s increasingly competitive telecom market. 

Jaiprakash Power Ventures Limited (up 6.87%)  

Shares of Jaiprakash Power Ventures surged in Friday’s trade after shareholders approved all resolutions proposed at the company’s 31st Annual General Meeting held on July 30. The resolutions included adoption of the audited standalone and consolidated financial statements for FY26, ratification of cost auditor remuneration and appointments to the company’s board. 

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

The AGM also saw shareholders vote on resolutions related to remuneration by way of commission for former executive directors and non-executive directors who served during FY26. The company’s filing said the meeting was conducted through video conferencing, with 129 shareholders participating, including one from the promoter and promoter group and 128 public shareholders. 

The positive market reaction also comes against the backdrop of a significant change 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, effective May 21, 2026. 

GACM Technologies Limited (up 18.97%) 

GACM Technologies surged on Friday. It has risen 44% over a week versus Nifty 50 rising 2.5%. It has risen 44% in a month versus Nifty 50 rising 2%. This year it has risen 25% versus Nifty declining 7%. Over a year it is up 38%. The firm provides financial consulting and financial technology-related services. 

PC Jeweller Limited (up 0.99%)  

Shares of PC Jeweller rose in Friday’s trade after the jewellery retailer said it has now processed and repaid more than 96% of its outstanding debt owed to its consortium of 14 banks, bringing it closer to its target of becoming debt-free in the current quarter. The company said it has already cleared all outstanding dues to five of the 14 consortium lenders and will repay the remaining less than 4% of bank debt during the current quarter.  

The jewellery retailer had made an announcement that it would seek shareholder approval for a qualified institutional placement (QIP) of up to ₹1,000 crore and the proposed reappointment of Balram Garg as managing director.  

The proposals were outlined in a notice issued last Friday, after the company’s board approved the ₹1,000-crore QIP earlier this month.  

Source

• NSE