Shares of Tata Motors Commercial Vehicles Ltd. listed at a premium of 28% to its implied value, as investors cheered the standalone listing of India’s largest truck-and-bus maker. That, in effect, means that the Tata Motors demerger has paid off for India’s largest conglomerate. Tata Motors CV investors cheered the standalone listing of India’s largest […]
With Tata Motors Ltd. trading ex-demerger, the focus is now on Tata Motors CV and how it will be priced on the stock exchanges when it lists separately in a month’s time. The Tata Motors demerger was aimed at unlocking value of Tata Motors PV while retaining the heft of Tata Motors CV. (Handout) While […]
