Tata Steel Acquires 50.01% Stake in TPPL for ₹636 Crore; Nifty Auto Index Rises on Strong Auto Volumes & More

Dec 11, 2025

Puravankara (+0.76%): Shares gained after subsidiary Starworth secured a ₹509.5-crore construction LoA for a Bengaluru luxury project, strengthening its development pipeline.
Ashoka Buildcon (+2.23%): Stock gained after its JV Adani-Ashoka-Aakshaya secured a ₹1,815.79-crore LOA for the Mithi River development project.
Tata Steel (+2.56%): Shares edged up after approvals for NINL capacity expansion, a new Tarapur HRPGL unit, and acquisition of 50.01% in TPPL for ₹636 crore.
Petronet LNG (+0.44%): Shares moved as the firm signed ₹12,000-crore loan deals with SBI and Bank of Baroda to finance its PDH and PP petrochemicals expansion at Dahej, Gujarat.

Auto | Nifty Auto (+1.11%): Strong November auto volumes and GST 2.0 demand lift sentiment, keeping all consecutives in green today while BSE Auto outperforms wider markets.
Metal | Nifty Metal (+1.06%): Stocks Gained for the second straight session, with Tata Steel, Adani Enterprises, and Vedanta leading. Buying interest sustained as demand recovery supports metals.
Media | Nifty Media (-0.09%): Sector slipped today after a two-day rally, pulled by 4 gainers; dragged by 6 draggers, as profit booking weighed on sentiment.
Oil & Gas | Nifty Nifty Oil & Gas (-0.03%): Index closed slightly lower, underperforming broader markets, with selling pressure seen in BPCL, IOC, and ONGC.

Technical Level: Nifty Opened flat, fell in the morning session to test support at 25,700, then bounced back to make the day’s high, closing near resistance at 25,920.
Advance-Decline Ratio: Positive momentum dominated with 1,919 advancing stocks against 1,183 declining, reflecting broad-based buying across sectors.
The Big Picture: Officials are poised to deliver a third consecutive rate cut this week, but lingering inflation concerns and divided views within the Fed may limit further easing in the coming months.
FII/DII Activity (Dec 10, 2025): Domestic investors bought ₹3,752 crore as foreign investors sold ₹1,651 crore, helping limit broader market losses.

IPO Corner: The NephroPlus IPO closes tomorrow, giving interested investors their last chance to apply before the issue ends.
Macro: India’s Inflation Rate YoY and the United Kingdom’s GDP MoM are scheduled for release tomorrow.
Index Watch: Nifty bounced back today after a three-day consecutive fall. Investors remain cautious, wondering if this is a pullback or just consolidation near daily chart support. The key question now is whether the market will close positively this week.

Theme: Understanding Debt-to-Equity Ratio

Day 4: Thursday

The debt-to-equity ratio should be analyzed alongside a company’s cash flow and profitability. Even a company with high debt can manage it well if it generates steady cash to cover interest and principal payments.
Seasonal businesses or startups might show fluctuating D/E ratios due to temporary loans or funding rounds. Investors should also note whether the company relies on short-term borrowing to meet immediate needs or on long-term debt for strategic growth.
Another key point is that some companies use a mix of debt and equity creatively — for example, issuing convertible bonds or preference shares — which can affect the reported D/E ratio. Understanding these details provides a clearer picture of financial stability.

Resistance: In trading, resistance is a price level where a stock or asset tends to face selling pressure, making it hard to rise above.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

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