Tata Tech rises on €75M German auto engineering buy
Tata Technologies shares gained after announcing a 75M euro acquisition of Germany's ES-Tec Group, a specialist in ADAS, connected driving & digital engineering. The deal expands its European footprint and boosts ER&D depth. Analysts see it as EPS-accretive from FY1 post-close. Retail chatter was 'high' but sentiment stayed 'bearish.'