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Tata Motors CV stock listing: TMCV shares fall 4% after debuting at 28% premium on NSE

Tata Motors CV Share price, November 12: Following the demerger, Tata Motors (TMCV) debuted at ₹335, up by 28 per cent from the implied valuation of ₹260.75

SI Reporter New Delhi
Tata Motors CV listing
Tata Motors CV Share Price LIVE

3 min read Last Updated : Nov 12 2025 | 12:03 PM IST

11:58 AM

Tata Motors CV share price LIVE: Investors to value TMPV and TMCV individually on their own credibility

Tata Motors CV share price LIVE: The market debut of Tata Motors Commercial Vehicles Ltd (TMLCV) was robust, opening at a 28 per cent premium over its implied value, as investors welcomed the standalone listing of India’s largest truck and bus-maker amid an optimistic cyclical recovery in the commercial vehicle industry. After becoming a standalone TMLCV, Tata Motors’ CV is now India’s largest commercial vehicle manufacturer across the entire spectrum of categories from small cargo carriers to medium and heavy commercial vehicles (M&HCVs). The CV business will be at the core of India’s growth story – facilitating the expansion of logistics, mining and infrastructure. Fleet replacement combined with new demand supporting construction and logistics will provide further impetus. The demerger separates and distinguishes Tata Motors’ fast-growing passenger vehicle and EV business units from the more stable and cash-generating CV business, and allows investors to value them individually on their own credibility.

-- View by Ravi Singh, chief research officer at Mastertrust

11:42 AM

Tata Motors CV share price LIVE: Tata Motors CV appears fully valued, say analyst

Tata Motors CV share price LIVE: Tata Motors CV appears fully valued after its listing, which saw gains of nearly 25 per cent. However, the company’s recent acquisition could act as a key growth trigger in the coming quarters. Investors can consider booking partial profits while staying invested for the long term to benefit from its strategic expansion and improving fundamentals.

-- View by Abhishek Jain, head of research at Arihant Capital Markets

11:32 AM

Tata Motors CV share price LIVE: Should you buy, sell or hold TaMo CV shares?

Tata Motors CV share price LIVE Updates: Kranthi Bathini, equity strategist at WealthMills Securities, said Tata Motors’ strong brand and leadership in the commercial vehicle segment provide a solid foundation for long-term investors. He noted that the demerger will enhance management focus and efficiency, potentially boosting profitability over time. READ MORE

11:26 AM

Tata Motors CV share price LIVE: 'Have done strategic shift in business to drive growth'

Tata Motors CV share price LIVE Updates: The management has undertaken strategic measures to improve cash flows and growth in CV business, Girish Wagh of Tata Motors said post CV arm listing

Have seen good demand for smaller CVs post GST cut.

The company hopes to see a better H2FY26.

Note: Wagh was speaking to CNBC TV18 post CV business listing  

11:14 AM

Tata Motors CV share price LIVE: 'Tata Motors CV listing unlocks a strong growth story'

Tata Motors CV share price LIVE Updates: Tata Motors' Commercial Vehicle (CV) division, Tata Motors Ltd, listed as a separate company on Wednesday, November 12, 2025, and it will be a major step in unlocking long-term value.

The demerger separates the fast-growing passenger vehicle and EV business from a more stable, cash-generating CV business, allowing investors to value each on its own strength.

The CV arm is at the heart of India's growth story - supporting logistics, mining, and infrastructure expansion. With freight activity improving, commodity costs easing, and the GST rate cut from 28% to 18%, demand for commercial vehicles is expected to rise sharply.

Fleet replacement and new demand from construction and logistics players will add further momentum.

Financially, the business reported FY25 revenue of ₹75,055 crore and Ebitda of ₹8,856 crore, implying a healthy 11.8% margin. Using Ashok Leyland’s EV/EBITDA multiple of 12.9x, the fair value for TML CV comes around ₹1.14 lakh crore, or roughly ₹310–₹320 per share.

Views by: Jahol Prajapati, Research analyst, SAMCO Securities


11:03 AM

Tata Motors CV share price LIVE: What lies ahead for PV and CV businesses post split?

Tata Motors CV share price LIVE Updates: The Tata Motors demerger took effect on October 1, 2025, resulting in two independent listed entities: Tata Motors PV, comprising the EV and Jaguar Land Rover (JLR) businesses, and Tata Motors CV, the group’s commercial vehicle division. Market experts believe that the Tata Motors demerger will unlock significant shareholder value for both the verticals. READ MORE

10:52 AM

Tata Motors CV share price LIVE: TaMo shares fall 4% after listing

Tata Motors CV share price LIVE: Post-listing shares of Tata Motors Commercial Vehicle (CV) arm fell around 3.7 per cent from the listing price of ₹335 to a low of ₹322 on the NSE. At the time of writing, the stock was trading at ₹329.85, down 1.5 per cent from listing price. 

10:40 AM

Tata Motors CV share price LIVE: Analysts view

Tata Motors CV share price LIVE: Kranthi Bathini, equity strategist at WealthMills Securities, says the company is expected to perform well in the long-term given its strong brand equity and leadership in the CV space. Investors should continue to 'Hold' the strock from a long-term perspective. 

Echoing similar views, VK Vijayakumar, chief investment strategist at Geojit Investments, said the stock listed at a better-than-expected price. Investors should 'Hold' the stock for long term. 

10:26 AM

Tata Motors CV share price LIVE: How to trade commercial vehicle makers' stocks?

Tata Motors CV share price LIVE: M&M stock is seen favourably placed across time-frames. The stock has surged nearly 42 per cent so far in FY26, while Ashok Leyland share has given a breakout on the daily chart. The near-term bias is likely to be upbeat as long as the stock quotes above ₹145.50. READ MORE

10:19 AM

Tata Motors CV share price LIVE: Tata Motors CV arm lists at ₹330 on BSE

Tata Motors CV share price LIVE: Tata Motors' Commercial Vehicle (CV) arm debuted at ₹330.25 on the BSE, a premium of 26 per cent from its earlier valuation of ₹261.90. 

10:05 AM

Tata Motors CV share price LIVE: Tata Motors CV shares list with 28% premium at ₹335 apiece on NSE

Tata Motors CV share price LIVE: Following the demerger, Tata Motors (TMCVL) shares listed at ₹335 on the NSE, up by 28 per cent from the implied valuation of ₹260.75 

9:51 AM

Tata Motors CV share price LIVE: Tata Motors PV share price rise ahead of CV listing

Tata Motors CV share price LIVE: Ahead of TMCVL listing, shares of Tata Motors Passenger Vehicle (TMPV) were trading at ₹408.90, up by 0.34 per cent from previous session's close. Post-opening, the stock touched an intraday high of ₹411.35. 

9:47 AM

Tata Motors CV share price LIVE: What lies ahead for PV and CV businesses post split

Tata Motors CV share price LIVE: As Tata Motors’ newly demerged commercial vehicle arm prepares to list on the stock exchanges, analysts are upbeat about its growth outlook but remain cautious on the passenger vehicle business (TMPV). According to JP Morgan, the cautious outlook on JLR stems from uncertainty over the potential impact of US tariffs and China’s luxury tax in FY27. READ MORE

9:29 AM

Tata Motors CV share price LIVE: How the demerger will unlock value for Tata group

Tata Motors CV share price LIVE: According to Tata Group, the demerger fits within Tata Group's broader restructuring agenda aimed at simplifying corporate structures, improving governance, and boosting shareholder returns. By allowing independent fundraising and strategic partnerships - especially in clean mobility and global commercial vehicle markets - the group positions both businesses for sustainable long-term growth.

9:20 AM

Tata Motors CV share price LIVE: How the Tata Motors demerger will unlock value for investors

Tata Motors CV share price LIVE: With the demerger, Tata Motors aims to have a sharpened focus on two separate vehicle businesses, instead of being one bulky carrier. "The split removes the 'conglomerate discount', often applied by markets, allowing each arm to be valued on its own merits,” said Jahol Prajapati, research analyst at SAMCO Securities. The passenger vehicle and EV vertical, he said, benefits from strong brand momentum, a clear electrification roadmap, and premium leverage through JLR. READ MORE

Topics :Stock Market NewsShare Market TodayTata Motors DemergerTata MotorsTata Motors JLRMarketscommercial vehiclesauto stocksTata group

First Published: Nov 12 2025 | 8:04 AM IST