Tata Motors shares rally 5% as demerger takes effect; record date announced
Shares of Tata Motors surged 5.15% to hit an intraday high of Rs 715.55 on the BSE on Wednesday, after the company’s demerger officially took effect from October 1. The automaker also announced the record date for the demerger of its commercial vehicles business. Tata Motors has fixed Tuesday, October 14, as the record date…