Mumbai, Nov. 12 -- The stock opened at Rs 335 per share on the NSE, significantly higher than its discovered price of Rs 260.75, while on the BSE, it debuted at Rs 330.25, marking a 26.1% premium over the implied price of Rs 261.90.
As of the latest trade, Tata Motors shares were hovering around Rs 328.15 on the NSE and Rs 328.50 on the BSE, sustaining gains of over 25% from the discovered price.
The listing marks a key milestone for the automaker, which recently split its commercial and passenger vehicle businesses into two independently listed entities to sharpen focus and unlock shareholder value. The commercial vehicle arm, comprising Tata's truck, bus, and heavy vehicle operations, will continue under the Tata Motors name, while t...
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