The shares of the commercial vehicles division of Tata Motors were listed on the stock exchanges on Wednesday (nOVEMBER 12, 2025) with a premium of over 26% to it’s implied value of about ₹261.90 per share.

This follows the demerger of this division from the passenger car business effective October 1, 2025.

The company that now houses the commercial vehicles business is called Tata Motors Ltd (TML) while the passenger car business that also includes EVs and JLR is now a separate company called Tata Motors Passenger Vehicles Ltd.

The Tata Motors shares on Wednesday (November 12) opened at ₹330.25 on the BSE and were trading lower at ₹224.90 per share, down 1.28% from the listing price. The shares are trading under the symbol TMCVL.

The Sensex was up 688 points or 0.82% at 84,560 points

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