🚗 Tata Motors Sets October 14 as Record Date for Demerger; Two Focused Entities to Drive Next Growth Phase

Tata Motors has fixed Tuesday, October 14, as the record date to determine shareholders eligible to receive shares of its demerged commercial vehicle (CV) business. The newly formed TML Commercial Vehicles Ltd (TMLCV) will be listed on both the BSE and NSE in November. In August 2024, the company’s board approved the split of its commercial and passenger vehicle operations into two independent listed entities — a move aimed at sharpening strategic focus and unlocking value. Post-demerger, the passenger vehicle division will be known as Tata Motors Passenger Vehicles Ltd (TMPVL), while the commercial arm will trade as Tata Motors Ltd (TML). 🔍 Fundamental Impact The 1:1 demerger will create two strong, focused companies: ➡️ TMLCV (Commercial Vehicles): Expected to debut as India’s largest CV manufacturer, holding a 37.1% market share. Reported a 12.2% EBITDA margin in Q1 FY26 despite softer revenues, supported by cost efficiencies. ➡️ TMPV (Passenger Vehicles, EVs & JLR): Will encompass passenger vehicle, electric vehicle (EV), and Jaguar Land Rover (JLR) businesses. The PV segment is expected to grow 8–10% in H2 FY26, driven by new model launches, strong SUV demand, and higher EV & CNG adoption — which together account for nearly 45% of PV revenues. Current price: Below 20-week EMA at ₹688.46, acting as key resistance. Support zone: ₹669.40 (immediate), with strong accumulation near ₹650–660. Resistance levels: ₹688–690 (EMA cluster) and ₹720 (recent rejection zone). He suggests holding existing positions and avoiding fresh entries until post-demerger clarity emerges. A breakout above ₹690 could trigger a short-term recovery toward ₹720–740 levels. #TataMotors #TMLCV #TMPV #Demerger #StockMarketIndia #AutoSector #EVRevolution #JaguarLandRover #IvecoAcquisition #NSE #BSE #TechnicalAnalysis #ValueUnlocking