Tata Motors Demerger: Why the Stock Plunged Nearly 40% â Key Details Explained
Tata Motorsâ shares witnessed a sharp correction on Tuesday, opening at âš400 apiece in a special pre-open sessionâabout 39.5% lower (âš260.75 per share) than the previous dayâs closing price. The decline isnât a sell-off panic but a technical adjustment due to the companyâs ongoing demerger process, which separates its commercial vehicle business into a new…