Shares of the demerged commercial vehicles (CV) business of the erstwhile Tata Motors Ltd debuted on the bourses on Wednesday, listing as Tata Motors Ltd (TML) at Rs 335 per share, marking a 28 per cent premium to its pre-open price discovery level of Rs 260 per share.

The listing comes a month after the parent entity, now renamed Tata Motors Passenger Vehicles Ltd (TMPV), began trading on the bourses. Shares of TMPV were listed at Rs 400 per share after a special pre-open price discovery session and continue to trade around the same level even a month later. The TML stock closed at Rs 327.65 on the BSE on Wednesday.

TMPV shares closed at 402.30, down by 1.28 per cent.

Before the demerger record date, Tata Motors’ consolidated stock traded at Rs 660 per share. With the PV business lis

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