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Tata Motors Limited ( (IN:TATAMOTORS) ) has shared an update.
Tata Motors Limited announced the demerger of its Commercial Vehicles business, transferring its group companies to TML Commercial Vehicles Limited. This strategic move, sanctioned by the National Company Law Tribunal, aims to streamline operations and strengthen the company’s focus on its core business areas. The transfer involves the complete shareholding of several wholly-owned subsidiaries and associate companies, potentially enhancing operational efficiency and market positioning for Tata Motors.
More about Tata Motors Limited
Tata Motors Limited is a prominent player in the automotive industry, primarily engaged in the manufacturing and sale of commercial and passenger vehicles. The company has a significant market presence with a focus on innovation and sustainability in its product offerings.
Average Trading Volume: 902,604
Technical Sentiment Signal: Buy
Current Market Cap: 2644.4B INR
See more data about TATAMOTORS stock on TipRanks’ Stock Analysis page.