Tata Capital attracts strong buying as bond investment draws market focus

Tata Capital shares surged on strong volumes as the NBFC invested ₹500 crore in Vodafone Idea’s bond sale, standing out in an otherwise flat, low-liquidity market.

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Tata Capital attracts strong buying as bond investment draws market focus

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Tata Capital attracts strong buying as bond investment draws market focus
Tata Capital shares surged on strong volumes as the NBFC invested ₹500 crore in Vodafone Idea’s bond sale, standing out in an otherwise flat, low-liquidity market.
Amid subdued year end trading, Tata Capital emerged as a standout performer as its shares broke out of a narrow range on heavy volumes. The rally coincided with the Tata Group NBFC’s decision to invest around ₹500 crore in Vodafone Idea’s ₹3,300-crore bond issuance, highlighting growing participation by non bank lenders in higher yield corporate debt. While benchmark indices remained largely flat, investors responded positively to Tata Capital’s balance sheet confidence and its ability to tap selective credit opportunities, reinforcing interest in the newly listed financial stock despite a cautious broader market environment.
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