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 PV and CVs.