Trending Stocks Today, September 4, 2026: PC Jeweller, Vodafone Idea, IFCI, Jindal Worldwide In Focus

Mumbai, September 4: PC Jeweller, Vodafone Idea, IFCI and Jindal Worldwide were among the most actively traded stocks by volume on the NSE on Friday, with all four shares advancing amid stock-specific developments. Jindal Worldwide led the gains, rising 19.21%, followed by IFCI at 12.01%, while PC Jeweller and Vodafone Idea gained 5.23% and 3.45%, respectively. 

PC Jeweller Limited (up 5.23%) 

Shares of PC Jeweller continued their upward move on Friday, extending gains after the jewellery retailer said on Thursday it had cleared all outstanding debt with nine of its 14 consortium banks, bringing it closer to its target of becoming debt-free this month.  

PC Jeweller said it had also discharged more than 96% of the outstanding debt owed to the remaining five banks, leaving less than 4% to be repaid.  

The latest development marks another step in the company’s deleveraging drive under the settlement agreement signed with its lenders in September 2024. PC Jeweller said all repayments to the nine banks were completed ahead of their scheduled due dates and that it remained on track to clear the remaining obligations during September.  

Investors have been closely tracking PC Jeweller’s progress towards eliminating its bank debt, with each repayment announcement providing a fresh trigger for the stock. The company had previously cleared dues to eight of its 14 consortium banks, before the latest repayment took the tally to nine.  

PC Jeweller has said achieving debt-free status would materially strengthen its balance sheet and financial position. The completion of the remaining repayments could therefore mark an important milestone in its turnaround, potentially reducing the financial burden associated with debt servicing and giving the company greater flexibility to focus on its jewellery retail business.  

The stock’s recent gains have come alongside an improvement in the company’s operating performance.  

With less than 4% of the outstanding debt with the remaining five banks still to be discharged, the next key trigger for investors will be confirmation of full debt-free status. Until then, the stock could remain sensitive to further repayment announcements and developments around the company’s balance-sheet turnaround. 

Vodafone Idea Limited (up 3.45%) 

Vodafone Idea shares rose on Friday, rebounding after Thursday’s decline, as investors continued to digest the telecom operator’s latest brand revamp. The company has brought in Bollywood actor Shah Rukh Khan as the face of its upcoming campaign as part of a broader effort to reposition the brand. 

The refreshed identity, being rolled out across Vi’s digital platforms, retail outlets and other consumer touchpoints since September 1, is aimed at signalling a new phase for the telecom operator as it seeks to strengthen its market positioning and reconnect with consumers. 

IFCI Limited (up 12.01%)  

Shares of IFCI soared on Friday after declining in previous session as renewed optimism around the long-awaited National Stock Exchange (NSE) IPO boosted investor sentiment. The stock has gained over 40% over a month. IFCI has indirect exposure to NSE through its majority stake in Stock Holding Corporation of India, which owns more than 4% of the exchange. The potential NSE listing has heightened expectations of value unlocking for shareholders with exposure to the exchange. 

Jindal Worldwide Limited (up 19.21%)  

Jindal Worldwide shares continued their sharp rally on Friday, hitting a fresh 52-week high of ₹57.75 on the NSE, extending the previous session’s 20% upper-circuit gain. The stock has been in focus after the company’s electric-vehicle arm, Jindal Mobilitric, announced plans to expand its retail network to around 100 electric-scooter showrooms across India by FY28. The subsidiary is targeting 40 outlets by FY27. The company has also reappointed Amit Yamunadutt Agarwal as Managing Director for another three-year term. 

Source

• NSE