Tata Motors Demerger Live Updates
Follow the live updates on Tata Motors share price movement. The share of Tata Motors is 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, the listing of the commercial vehicle arm, to be renamed Tata Motors Limited, may take up to 60 days.
- The company is eyeing a mid-November timeline for the listing.
There is no absolutely 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, and shareholders may notice a 40% drop in their portfolio, which reflects the updated price.
Author's summary: Tata Motors demerger updates shares price movement.