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.
If your portfolio does not show shares of Tata Motors' Commercial Vehicle shares, it is because the stock has not yet been listed on the bourses. The listing of a demerged entity usually takes a few weeks.
According to an exchange filing on October 9, Tata Motors stated that the listing of the commercial vehicle arm, which will be renamed Tata Motors Limited, could take as long as 60 days, with the company eyeing a mid-November timeline.
It is possible that Tata Motors shares on your portfolio might show a 40% drop. However, 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.
There is no absolutely no reason to panic.
Author's summary: Tata Motors demerger updates revealed.