Shares of Tata Motors may indicate a sharp fall in its share price on Tuesday, October 14 as the Tata Group's automobile arm will trade ex-spin off today, demerging its passenger vehicle and commercial vehicle business. The demerger of the homegrown automobile player will come into effect from today as Tata Motors Passenger Vehicle (TMPVL). Advertisement

The price of the demerged entity shall be calculated based on the difference between the closing price of the currently listed entity on Monday, October 13, and the open price of the listed entity discovered during the special pre-open session on Tuesday. The stock settled at Rs 660.90, falling 2.67 per cent for the day, with a total market capitalization of Rs 2.43 lakh crore.

The stock is likely to trade between Rs 285-384 post demerg

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