CV unit of India's Tata Motors surges 30.4% in trade debut after spin-off

Tata Motors

12/11/2025 04:44

** Tata Motors' demerged commercial vehicles unit TATM.NS surges 30.4% to 340 rupees on debut trade

** Stock listed at 335 rupees on NSE vs discovered price of 260.75 rupees

** Tata Motors announced demerger of its passenger, commercial vehicles businesses into two listed firms in March 2024

** Demerger separates Tata Motors' fast-growing passenger vehicle, EV business from more stable, cash-generating CV business, allowing investors to value each on its own strength, says Jahol Prajapati of SAMCO Securities

** Shareholders to get one share of Tata Motors CV for every Tata Motors share

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))