Update on Tata Motors Demerger
Tata Motors' share price is currently trading at Rs 415, a 4% increase from its discovered price of Rs 395.
Note that the commercial vehicle stock has not been listed on the bourses yet, which may take a few weeks.
According to an exchange filing on Oct. 9, the listing of the commercial vehicle arm could take as long as 60 days, with a mid-November timeline.
A 40% drop in Tata Motors shares in your portfolio is possible, but there's no reason to panic as this reflects the updated price of the Tata Motors Passenger Vehicle stock.
The consolidated Tata Motors stock, as previously known, no longer exists.
Author's summary: Tata Motors demerger updates revealed.
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