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 October 9, Tata Motors stated that the listing of the commercial vehicle arm, to be renamed Tata Motors Limited, may take up to 60 days, with a targeted mid-November timeline.
It is possible that Tata Motors shares in your portfolio may show a 40% drop, but there is no reason to panic, as this reflects the updated price of the Tata Motors Passenger Vehicle stock, replacing the consolidated stock that ceased to exist.
There is no absolutely no reason to panic
Author's summary: Tata Motors demerger updates on share price movement.