Tata Motors demerger: Moody's affirms Ba3 rating; positive outlook
The proposed structure would enable optimising synergies across Tata Motors’ passenger vehicles and EV businesses in India and JLR, says Moody’s.
tata motors demerger
March 2024
Tata Motors shares hit fresh all-time high on demerger plan
Reacting to the demerger plan, shares of Tata Motors gained as much as 4.5% to scale a new peak of ₹1,031.70 on the BSE.
Tata Motors to demerge its PV, CV biz into 2 separate listed companies
While there are limited synergies between CV and PV businesses, there are considerable synergies to be harnessed across PV, EV and JLR, says Tata Motors
