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Summary is AI Generated. Newsroom Reviewed
Quick Read
Summary is AI Generated. Newsroom Reviewed
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Tata Motors ex-Commercial Vehicle shares began trading at around Rs 395 on NSE today
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The stock is currently trading at Rs 391, down from Monday's close of Rs 660
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Shares briefly dropped to an intraday low of Rs 376 during price discovery
Tata Motors' ex-Commercial Vehicle entity's price discovery was earlier today, with the stock restarting trade at around Rs 395 on the NSE after a special pre-open trading session that was conducted between 9 a.m. to 10 a.m.
The stock is currently trading at Rs 391 on the NSE compared to Monday's close of Rs 660. The shares have largely traded flat since the price discovery after briefly dropping to intraday low of Rs 376.
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The price discovery of the Tata Motors ex-CV shares marks yet another step for the company's demerger, as the auto giant looks to split its commercial vehicle and passenger vehicle businesses into separately traded entities.
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