Tata Motors Demerger Live Updates
Follow the live updates on Tata Motors share price movement. The shares are currently trading at Rs 415, up by more than 4% over its discovered price of Rs 395.
Note that the commercial vehicle stock has not yet been listed on the bourses, which is a usual process that takes a few weeks.
According to an exchange filing on Oct. 9, Tata Motors has said that the listing of the commercial vehicle arm could take as long as 60 days, with the company eyeing a mid-November timeline.
If your portfolio shows a 40% drop in Tata Motors shares, there is no reason to panic, as this is the updated price of the Tata Motors Passenger Vehicle stock.
The Tata Motors consolidated stock, as previously known, ceases to exist.
Author's summary: Tata Motors demerger updates revealed.
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