Tata Motors Demerger: Tata Motors shares experienced a notional 40% drop as its commercial vehicles business demerged into a new entity, TMLCV. The parent company, renamed TMPV, will now focus on passenger vehicles, EVs, and JLR. Brokerages anticipate clearer valuations and value unlocking from the split.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets