Trending Stocks Today, July 7, 2026: PC Jeweller, Vodafone Idea, Cupid and Vedanta Oil & Gas in focus

Mumbai, July 7: PC Jeweller, Vodafone Idea, Cupid and Vedanta Oil & Gas emerged as the most actively traded counters by volume on NSE on Tuesday. While PC Jeweller and Vodafone Idea extended their declines amid profit booking and concerns around funding plans, Cupid gained on strong buying interest following a block deal and upbeat business outlook. Meanwhile, Vedanta Oil & Gas shares came under pressure after a sharp decline in first-quarter production numbers.

PC Jeweller Limited (down 1.27%)

PC Jeweller share price extended decline on Tuesday as investors booked profits following Friday’s sharp rally, which was triggered by the company’s strong June-quarter business update and its reaffirmation that it expects to become debt-free during the current quarter. The jewellery retailer reported an around 21% year-on-year increase in consolidated revenue for the June quarter. It also said it has reduced more than 90% of its outstanding bank debt since signing a settlement agreement with lenders in September 2024, including a further 24% reduction during the June quarter.

Vodafone Idea Limited (down 0.99%)

Vodafone Idea shares remained under pressure for a fourth straight session. A report on Monday suggested fresh hurdles in the telecom operator’s efforts to secure a ₹35,000-crore loan package. According to the report, a consortium of lenders has sought additional safeguards and asked the company to submit a revised business plan. Investors are concerned that any further delay in securing the funding could slow the company’s capital expenditure plans and network expansion.

Cupid Limited (up 3.59%)

Cupid share price rose on Tuesday, extending the previous session’s rally after a ₹127.5-crore block deal involving nearly 60.8 lakh shares, or about 2.3% equity, changed hands. While the buyers and sellers were not immediately disclosed, the stock continued to attract buying interest, hitting a fresh 52-week high amid strong momentum. The rally also comes on the back of the company’s upbeat June-quarter business update, where it raised its FY27 revenue guidance to over ₹660 crore from ₹600 crore previously. The firm is engaged in manufacturing and supplying condoms.

Vedanta Oil and Gas Limited (down 6.55%)

Vedanta Oil and Gas share price continued to remain under pressure on Tuesday after its first-quarter production update showed a decline in output compared with the year-ago period. The company’s average daily gross production fell 17% year-on-year to 77.7 kboepd (thousand barrels of oil equivalent per day) from 93.2 kboepd in the same quarter last year. Total oil and gas volumes also declined 17% to 7.1 kboepd, compared with 8.5 kboepd in the corresponding period of the previous financial year. The weak production numbers weighed on investor sentiment, keeping the stock under pressure.

Source: NSE