Shares of Tata Motors Ltd ., the demerged Commercial Vehicles business of the consolidated entity are trading with losses of up to 4% on Thursday, November 13, ahead of their September quarter results.

This will be the first quarterly result that the CV business will be reporting as a separate entity after its demerger and subsequent listing. The PV business will be reporting its results on Friday, November 14.

The commercial vehicles entity made its stock market debut on Wednesday at ₹330 per share, which was 28% higher than the pre-open discovery price of ₹260 per share last month. This was after the passenger vehicle business began trading at ₹400 per share. The day before the demerger record date, shares of Tata Motors had ended at ₹660.75.

While Tata Motors mainly comprises of it

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