Shares of Tata Motors fell sharply on Tuesday, showing a fall of nearly 40% on some trading apps as the company’s stock started trading ex-demerger. The fall, however, is not due to a market crash or poor performance, but because the company has spun off its commercial vehicle business from the passenger vehicle arm.

The demerger means that for every one share of Tata Motors held as of the record date, investors will get one share of the new commerci

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