Tata Motors Commercial Vehicle Listed at 28% Premium on Bourses

Tata Commercial Vehicles (CV), division of Tata Motors Ltd., recently demerged from the parent company has made its stock market debut on Wednesday, November 12.

Tata Motors CV Listing

Tata Commercial Vehicle is trading as Tata Motors Limited listed on the NSE and BSE at ₹335 per share, a 28% premium over its pre-open price discovery closing price of ₹260 per share. This marks a significant milestone, coming a month after the original Tata Motors entity began trading ex-the Commercial Vehicles business. Post demerger, the remaining entity has been renamed Tata Motors Passenger Vehicles Ltd. (TMPV).

Tata Motors Passenger Vehicles shares had listed at ₹400 per share after a special pre-open price discovery session. Even a month later, the stock continues to hover near its debut price of around ₹400 per share.

Before the demerger, the consolidated Tata Motors stock last traded at ₹660 per share. Based on this, the implied value of the CV business was estimated at ₹260 per share, though the final listing price of ₹335 reflects strong investor sentiment and premium expectations.

Also Read: Tata Power Share Price in Focus; to Acquire 40% Stake in Bhutan Hydropower SPV

About Tata Motors Limited (CV)

The newly listed Tata Motors CV becomes India’s largest commercial vehicle manufacturer, spanning categories from small cargo carriers to medium and heavy commercial vehicles (M&HCVs). The demerged company will also integrate operations of Iveco Group NV, which Tata Motors recently acquired. The integration is expected to be completed by FY27.

Tata Motors had first announced plans to demerge its CV business into a separate listed entity in 2023, granting one share of Tata Motors CV for every one share of Tata Motors held as of the record date.

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