Tata Motors PV share price falls over 5% as demerger takes effect
Tata Motors passenger vehicle share price, set at ₹400, fell as much as 5.53% to ₹376.90 apiece on the BSE after a special pre-open price discovery session. Notably, the Tata Motors demerger takes effect today to list the truck and car units separately on India's stock exchanges. Passenger vehicle unit consists of the domestic PV business and Jaguar Land Rover.