Tata Motors Stock Hits 52-Week High After Demerger Announcement | Stock Market News

Tata Motors' shares jump 4% to reach a 52-week high after announcing the split of its passenger and commercial vehicle businesses. Brokerages like JP Morgan and Nomura express optimism, while Investec and InCred provide differing views on the impact. The demerger, expected to take 12-15 months, aims to create two listed entities, maintaining identical shareholding for shareholders of Tata Motors Limited.