Tata Motors Demerger Live: Ex-Commercial Vehicle Stock Price Discovery Revealed

The share of Tata Motors are currently trading at Rs 415, up by more than 4% over its discovered price of Rs 395.

If your portfolio is not showing shares of Tata Motors' Commercial Vehicle shares, that is because the stock has not yet been listed on the bourses.

Listing of a demerged entity usually takes a few weeks to list on the bourses.

According to an exchange filing on Oct. 9, Tata Motors has said 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 quite possible that Tata Motors shares on your portfolio might show a 40% drop. 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 we used to know it, ceases to exist.

You will be compensated with an equal amount of Tata Motors Commercial Vehicle shares, as and when it lists on the bourses.

It has been ten minutes since the price discovery of Tata Motors' ex-CV entity. After re-starting trade at around Rs 396, the stock is currently trading flat at Rs 392 on the NSE.

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Final price discovery on the Tata Motors' ex-CV entity has been made, with the stock re-starting trade at around Rs 395 on the NSE against the last traded price of Rs 660. The stock is trading at Rs 387 on the BSE.