NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.Motilal Oswal ReportTata Motors Ltd. has announced the demerger of its business verticals into two separate listed companies, which will house:the commercial vehicle business and its related investments in one entity; andthe passenger vehicle business, including PVs, electric vehicles, Jaguar Land Rover, and related investments in another entity. While the demerger seems to be a step in the right direction, we do not foresee any need to revisit our target price, which is already based on SoTP valuation. Moreover, despite factoring in most of the positive triggers in our estimates, we get limited upside given the recent sharp run-up in the stock. We, hence, downgrade Tata Motors to 'Neutral' (from 'Buy') with an unchanged target price of Rs 1,000 per share.Click on the attachment to read the full report:Value Unlocking Is At The Core Of Tata Motors' Demerger PlanDISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.Users have no license to copy, modify, or distribute the content without permission of the Original Owner.