Tata Motors Shares Down 38%: Ex-Demerger Value Explained
Mumbai, October 14: Tata Motors Limited’s share price is appearing 38.02% down today, on October 14. As of 1:00 PM, the shares were down by 38.02%, or 251.25, and were trading at ₹409.50. However, this significant fall is not a real monetary loss and will not have any effect on the investment value of shareholders. The fall is a result of the shares trading at the ex-demerger value.
Tata Motors Limited is an Indian company that manufactures and sells passenger and commercial vehicles. The company was established in 1945 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol TATAMOTORS and on BSE with the code 500570.
Shares Adjusting to Demerger
The shares of Tata Motors…
