Trending Stocks Today, November 12, 2026: PC Jeweller, Vodafone Idea, Ola Electric, Jyoti Structures In Focus

Mumbai, November 12: PC Jeweller, Vodafone Idea, Ola Electric Mobility and Jyoti Structures were the most actively traded stocks by volume on the NSE on Thursday, November 12. PC Jeweller attracted buying interest amid expectations of stronger festive-season jewellery demand, while Vodafone Idea gained on progress towards securing a proposed Rs 35,000-crore debt financing package. Ola Electric advanced ahead of its September-quarter results, while Jyoti Structures rallied after lenders began releasing bank guarantees and letters of credit worth Rs 510.59 crore.

PC Jeweller Limited (up 2.22%)

PC Jeweller continued to advanced on Thursday after declining on Monday. The stock is up 4.5% over five days. It has gained 7% over the past month.

Investors are now assessing whether the festive-season buying momentum will translate into higher sales volumes and improved earnings for organised jewellery retailers. The December quarter is particularly important for the sector, as Dhanteras, Diwali and the ensuing wedding season typically contribute significantly to annual jewellery demand.

Dhanteras, also known as Dhantrayodashi, which fell on Friday last week, marked the beginning of the Diwali festivities and is considered an auspicious occasion for purchasing gold, silver, jewellery, coins and other valuables. The tradition makes it one of the most important annual demand drivers for India’s jewellery industry.

Vodafone Idea Limited (up 0.70%)

Vodafone Idea shares extended their gains on Thursday, after a decline on Monday, when a report talked of progress in securing a proposed Rs 35,000-crore debt financing package. According to the ETBFSI report, State Bank of India (SBI), which is spearheading the lending consortium, has cleared the loan proposal and circulated its appraisal to other participating banks, taking the proposed funding arrangement a step closer to fruition.

The National Bank for Financing Infrastructure and Development (NaBFID) is expected to approve an exposure of Rs 4,000 crore shortly, while Punjab National Bank (PNB) is likely to decide on its participation over the next 10 days. Union Bank of India is expected to take a final call by the end of November. However, the individual lending commitments of the participating banks are yet to be determined.

The proposed financing package includes Rs 25,000 crore in funded facilities and Rs 10,000 crore in non-funded facilities. While SBI has completed its assessment and shared the appraisal with consortium members, other lenders must undertake their own internal evaluations and obtain the necessary approvals before the funds can be released.

The proposed debt arrangement is crucial to Vodafone Idea’s ambitious Rs 45,000-crore capital expenditure programme over the next three years. The telecom operator plans to expand its 4G network coverage and accelerate its 5G rollout as it attempts to bridge the competitive gap with larger rivals Reliance Jio and Bharti Airtel.

Vodafone Idea has already mobilised an initial funding tranche of Rs 6,400 crore, comprising Rs 1,183 crore raised through warrant proceeds and debt financing from domestic and overseas lenders. The company is seeking additional financial support to accelerate network expansion, improve service quality and strengthen its competitive position in India’s telecom market.

Ola Electric Mobility Limited (up 3.92%)

Ola Electric Mobility shares extended their rally for a second consecutive session on Thursday, November 12 as investors cheered the Centre’s decision to make electric vehicles (EVs) the default choice for government staff-car procurement. Market participants are also awaiting the company’s September-quarter results, scheduled for announcement later today, for signs of a recovery in its business.

Under the revised procurement guidelines, the Finance Ministry has made EVs the preferred option for staff-car purchases across central government ministries and departments. The government has also doubled the net dealer price ceiling for electric cars to Rs 20 lakh, while retaining a Rs 10 lakh ceiling for internal combustion engine (ICE) vehicles, including petrol, diesel and hybrid models. The revised guidelines also extend preference to EVs for hiring vehicles for official use.

Jyoti Structures Limited (up 7.32%)

Jyoti Structures shares extended their surge on Thursday after rallying the previous day, when the company had announced that lenders had begun progressively releasing bank guarantees and letters of credit worth Rs 510.59 crore under its resolution plan approved by the National Company Law Tribunal (NCLT).

The release of these banking facilities follows a May 26, 2026 order by the National Company Law Appellate Tribunal (NCLAT), which directed lenders to restore the facilities in accordance with the approved resolution plan.

Jyoti Structures said the non-availability of bank guarantees and letters of credit over the past five years had constrained its ability to execute existing orders and bid for fresh projects. Their restoration is expected to improve the company’s operational flexibility, facilitate execution of its order book and strengthen its ability to participate in new tenders across the power transmission and infrastructure sectors.

Source

• NSE