Tata Motors is demerging into two entities
Two entities
-
Commercial Vehicles business & its related investments in one entity
-
Passenger Vehicles businesses including PV, EV, JLR and its related investments
The stock has been one of the best-performing stock in 2024 and even doubled in 2023, being the top nifty performer
In 2024, it outperformed the nifty auto index by 13%
Tough to guess the short-term reaction, but I think this is a very smart move by the company and should eventually lead to value unlocking in the future.