Tata Motors demerger effective tomorrow — Brokerages cautious about JLR recovery

Tata Motors’ demerger has sparked concerns over the performance of its JLR business, leading to downgraded ratings. However, the company’s PV business shows promise with a 45% share from CNG and EVs. The demerger is proceeding as planned, with an effective date of October 1, and the company anticipates an increase in demand for its […]