Shares of Tata Motors might be showing up to a 40 per cent in some trading apps today as the Tata Groups' automobile arm traded ex-demerger today. The auto major spun-off its commercial vehicle business from its passenger vehicle business. All the eligible shares of Tata Motors, as of the record date, will receive shares of the demerged commercial vehicle entity in 1:1 ratio. Advertisement

Shares of Tata Motors opened at Rs 399 on Tuesday, signalling a xx per cent fall from its previous close at Rs 660.90 on Monday, down 39.62 per cent against the last price. The total market capitalization of the stood Rs 1.45 lakh crore mark. The indicated fall was due to the 'subtraction' of its commercial vehicle business value from the stock.

Monday, October 13, was the last to buy Tata Motors to b

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