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Tata Motors shares closed 1.5 percent higher at Rs 682.55 on the NSE on Tuesday, ahead of the company’s demerger that becomes effective from Wednesday, October 1.

The company had in August last year approved the demerger of its commercial and passenger vehicle businesses into two listed entities to sharpen focus and capitalise on growth opportunities.

Under the plan, the commercial vehicles business along with its related investments will be placed in one entity, while the passenger vehicles business — including electric vehicles, Jaguar Land Rover (JLR) and related investments — will form the second entity.

Post-demerger, the passenger vehicles arm will be renamed Tata Motors Passenger Vehicles Ltd (TMPVL). The commercial vehicles unit will be listed separately in November as Tata Motors Ltd (TML).

Tata Motors demerger record, listing dates

The record date for the demerger of the commercial vehicles unit will be set in mid-October, with the a listing to follow in November.

Shareholders will receive one share of the new commercial vehicles entity for every share they currently hold in <a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/tatamotors/TM03">Tata Motors</a>.

&nbsp;

Meanwhile, brokerage firm Jefferies said in a note on Tuesday that while it remains positive on India’s passenger vehicle demand, it sees challenges for JLR and is less certain about margin improvements in the passenger vehicle segment and the Iveco acquisition. Jefferies has maintained its ‘Underperform’ rating on Tata Motors with a price target of Rs 575.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

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Tata Motors demerger effective tomorrow; here's what shareholders need to know about record, listing dates

Tata Motors shares closed 1.5 percent higher at Rs 682.55 on the NSE on Tuesday, ahead of the company’s demerger that becomes effective from Wednesday, October 1.

The company had in August last year approved the demerger of its commercial and passenger vehicle businesses into two listed entities to sharpen focus and capitalise on growth opportunities.

Under the plan, the commercial vehicles business along with its related investments will be placed in one entity, while the passenger vehicles business — including electric vehicles, Jaguar Land Rover (JLR) and related investments — will form the second entity.

Post-demerger, the passenger vehicles arm will be renamed Tata Motors Passenger Vehicles Ltd (TMPVL). The commercial vehicles unit will be listed separately in November as Tata Motors Ltd (TML).

Tata Motors demerger record, listing dates

The record date for the demerger of the commercial vehicles unit will be set in mid-October, with the a listing to follow in November.

Shareholders will receive one share of the new commercial vehicles entity for every share they currently hold in Tata Motors.

&amp;nbsp;

Meanwhile, brokerage firm Jefferies said in a note on Tuesday that while it remains positive on India’s passenger vehicle demand, it sees challenges for JLR and is less certain about margin improvements in the passenger vehicle segment and the Iveco acquisition. Jefferies has maintained its ‘Underperform’ rating on Tata Motors with a price target of Rs 575.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Listed mineral exploration company Deccan Gold Mine's shares ended sharply higher by nearly 6 percent on September 30 after the company said it is on track to commence production from a mine in Kyrgyzstan starting next month.

A company filing said the managing director met the Kyrgyz Republic's Ambassador to India in Chennai, and 'reaffirmed' the deepening economic partnership between both nations. Deccan Gold has a collaboration that has invested in the 'Altyn Tor' gold project in Kyrgyzstan, marked as 'first overseas mining investment' by an Indian company in the country. The gold miner said the projects is helping in its ambition to be a global mining player while advancing India’s Atmanirbhar vision in critical mineral resources.

Partnership with Kyrgyzstan

"The Altyn Tor project represents more than a milestone for Deccan Gold - it reflects India’s ability to shape the future of global mining while deepening our partnership with Kyrgyzstan," Hanuma Prasad Modali, Managing Director, <a href="https://www.moneycontrol.com/india/stockpricequote/miningminerals/deccangoldmines/DGM">Deccan Gold Mines </a>said. The company added that it aims to develop a 'modern, inclusive resource economy' for both nations.

Askar Beshimov, the Ambassador of the Kyrgyz Republic to India said, "India is a valued partner for Kyrgyzstan, and we welcome Deccan Gold’s’ investment in our country."

About Altyn Tor 

The Altyn Tor project has explored cooperation in mining and critical minerals between both nations, and has served as the "foundation for strengthening bilateral relations", Ambassador Beshimov added.

The Altyn Tor deposits, located in the mineral-rich Soltan Sary zone of Kyrgyzstan, host an estimated 4.65 million tonnes of rock containing an average of 1.21 grams of gold per tonne, yielding an estimated 180,000 troy ounces of gold. Deccan Gold is developing the project into a mining operation and is expected to commence production from October 2025. Deccan Gold has strategic gold and mineral exploration assets in Andhra Pradesh, Karnataka, Mozambique, Kyrgyzstan, and Finland.

Deccan Gold rallies 6 percent on nearing production from mine in Kyrgyzstan from October

Listed mineral exploration company Deccan Gold Mine's shares ended sharply higher by nearly 6 percent on September 30 after the company said it is on track to commence production from a mine in Kyrgyzstan starting next month.

A company filing said the managing director met the Kyrgyz Republic's Ambassador to India in Chennai, and 'reaffirmed' the deepening economic partnership between both nations. Deccan Gold has a collaboration that has invested in the 'Altyn Tor' gold project in Kyrgyzstan, marked as 'first overseas mining investment' by an Indian company in the country. The gold miner said the projects is helping in its ambition to be a global mining player while advancing India’s Atmanirbhar vision in critical mineral resources.

Partnership with Kyrgyzstan

&quot;The Altyn Tor project represents more than a milestone for Deccan Gold - it reflects India’s ability to shape the future of global mining while deepening our partnership with Kyrgyzstan,&quot; Hanuma Prasad Modali, Managing Director, Deccan Gold Mines said. The company added that it aims to develop a 'modern, inclusive resource economy' for both nations.

Askar Beshimov, the Ambassador of the Kyrgyz Republic to India said, &quot;India is a valued partner for Kyrgyzstan, and we welcome Deccan Gold’s’ investment in our country.&quot;

About Altyn Tor 

The Altyn Tor project has explored cooperation in mining and critical minerals between both nations, and has served as the &quot;foundation for strengthening bilateral relations&quot;, Ambassador Beshimov added.

The Altyn Tor deposits, located in the mineral-rich Soltan Sary zone of Kyrgyzstan, host an estimated 4.65 million tonnes of rock containing an average of 1.21 grams of gold per tonne, yielding an estimated 180,000 troy ounces of gold. Deccan Gold is developing the project into a mining operation and is expected to commence production from October 2025. Deccan Gold has strategic gold and mineral exploration assets in Andhra Pradesh, Karnataka, Mozambique, Kyrgyzstan, and Finland.

Tata Investment Corporation share price surged to a fresh 52-week high and settled at record high on Tuesday as Tata Capital gears up to launch its initial public offering (IPO) next week.

The stock climbed 20 percent to touch an intraday high of Rs 10,611.50 apiece on the NSE. It has advanced nearly 22 percent over the last three sessions and gained more than 54 percent in the past one month, according to exchange data.

Over 3.36 lakh shares were traded in 38 block deals, almost all at a premium to Monday's close, according to the NSE data. More than 4.7 million shares were traded in today's trading session, almost 12x their 30-day average.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-investments/tatainvestmentcorporation/TIC">Tata Investment Corporation</a> also recently announced a stock split in the ratio of 1:10, its first such corporate action. The record date for the split has been fixed as October 14.

Meanwhile, Tata Capital has set the price band for its Rs 15,512 crore IPO at Rs 310-326 per share, making it the largest public issue of the year. At the upper end, the non-banking financial company is valued at about Rs 1.38 lakh crore.

The issue will open for subscription on October 6 and close on October 8, with the anchor book scheduled for October 3, as per the public announcement.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Tata Investment Corp stock jumps to fresh high of over Rs 10,000 as Tata Capital gears for IPO launch on Oct 6

Tata Investment Share Price: Tata Investment Corp stock jumps to fresh high of Rs 10,000 as Tata Capital gears for IPO launch on Oct 6

Tata Investment Corporation share price surged to a fresh 52-week high and settled at record high on Tuesday as Tata Capital gears up to launch its initial public offering (IPO) next week.

The stock climbed 20 percent to touch an intraday high of Rs 10,611.50 apiece on the NSE. It has advanced nearly 22 percent over the last three sessions and gained more than 54 percent in the past one month, according to exchange data.

Over 3.36 lakh shares were traded in 38 block deals, almost all at a premium to Monday's close, according to the NSE data. More than 4.7 million shares were traded in today's trading session, almost 12x their 30-day average.

Tata Investment Corporation also recently announced a stock split in the ratio of 1:10, its first such corporate action. The record date for the split has been fixed as October 14.

Meanwhile, Tata Capital has set the price band for its Rs 15,512 crore IPO at Rs 310-326 per share, making it the largest public issue of the year. At the upper end, the non-banking financial company is valued at about Rs 1.38 lakh crore.

The issue will open for subscription on October 6 and close on October 8, with the anchor book scheduled for October 3, as per the public announcement.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Shares of media and entertainment companies declined on Tuesday after US President Donald Trump announced a 100 percent tariff on movies made outside the United States.

"Our movie-making business has been stolen from the United States of America, by other Countries, just like stealing ‘candy from a baby’," Trump posted on Truth Social on Monday. "To solve this long time, never ending problem, I will be imposing a 100 percent Tariff on any and all movies that are made outside of the United States," he added.

The move is expected to impact the Indian film industry, which exports films in multiple languages to the US, where they enjoy significant popularity among the diaspora.

The Nifty Media index fell over 1 percent, with seven of its 10 constituents trading in the red.

<a href="https://www.moneycontrol.com/india/stockpricequote/mediaentertainment/primefocus/PF13">Prime Focus</a> was the top loser, slipping 5 percent to hit the lower circuit at Rs 175.94 on the NSE. <a href="https://www.moneycontrol.com/india/stockpricequote/mediaentertainment/pvrinox/PVR">PVR INOX</a> dropped up to 3 percent to Rs 1,072.1, while Mukta Arts declined nearly 2 percent to Rs 68.

Trump had first floated the tariff threat in May. However, no timeline has been given for its implementation.

Analysts said it remains unclear how such tariffs would be enforced, given that movies and television shows are also distributed digitally. Questions also remain on how the measure would apply to US films shot in foreign locations.

The announcement comes close on the heels of fresh tariffs imposed by the Trump administration on pharmaceutical products.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

PVR INOX, Prime Focus decline up to 5% as Trump to impose 100% tariffs on films made outside US

PVR INOX Share Price: PVR INOX, Prime Focus decline up to 5% as Trump to impose 100% tariffs on films made outside US

Shares of media and entertainment companies declined on Tuesday after US President Donald Trump announced a 100 percent tariff on movies made outside the United States.

&quot;Our movie-making business has been stolen from the United States of America, by other Countries, just like stealing ‘candy from a baby’,&quot; Trump posted on Truth Social on Monday. &quot;To solve this long time, never ending problem, I will be imposing a 100 percent Tariff on any and all movies that are made outside of the United States,&quot; he added.

The move is expected to impact the Indian film industry, which exports films in multiple languages to the US, where they enjoy significant popularity among the diaspora.

The Nifty Media index fell over 1 percent, with seven of its 10 constituents trading in the red.

Prime Focus was the top loser, slipping 5 percent to hit the lower circuit at Rs 175.94 on the NSE. PVR INOX dropped up to 3 percent to Rs 1,072.1, while Mukta Arts declined nearly 2 percent to Rs 68.

Trump had first floated the tariff threat in May. However, no timeline has been given for its implementation.

Analysts said it remains unclear how such tariffs would be enforced, given that movies and television shows are also distributed digitally. Questions also remain on how the measure would apply to US films shot in foreign locations.

The announcement comes close on the heels of fresh tariffs imposed by the Trump administration on pharmaceutical products.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Analysts and brokerages remained largely bearish on auto player Tata Motors after its analyst call, where the company outlined plans for the PV and CV business demerger, the IVECO acquisition, and shared updates on Jaguar Land Rover following the recent cyber-attack.

Demerger of PV and CV businesses

Passenger vehicles: Ahead of the GST cuts, the management stated that the PV segment went a through low demand phase, to the extent that even SUVs were pushed with discounts. The low demand resulted in significant pressure, making profitability difficult.

Following the announcement of the GST rework, the industry saw a double-digit dip in demand. However, from 5th September, demand recovery was visible. The management noted that while the industry is seeing nearly 20 percent growth in bookings YoY, Tata Motors is seeing 25 percent growth.

Commercial vehicles:  For the CV segment, <a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/tatamotors/TM03">Tata Motors</a>' management shared that the impact of GST rate cuts will vary across sub-segments. Many customers currently avail input tax credit (ITC), which limits the benefits of rate cut.

In Heavy Commercial Vehicles (HCVs), about 60-70 percent of customers are B2B operators who claim ITC, while the figure is around 40 percent in Intermediate Light Commercial Vehicles (ILCVs) and only 18 percent in Small Commercial Vehicle (SCVs). This makes the benefit of GST cuts the highest for low-tonnage vehicles.

Demerger: Analysts expect that the separate listing of the PV and CV businesses will be in October or November 2025, subject to regulatory approvals, although the exact dates are yet to be announced.

IVECO acquisition 

Tata Motors highlighted over various synergy levers from the IVECO acquisition across cost, R&amp;D, supply chain, and product portfolios. IVECO brings global scale and technology leadership, while Tata Motors adds cost-competitive manufacturing and a strong India base. The management guided that IVECO will be EPS accretive from Day 1, generate strong FCF, and target 20 percent RoCE, aligned with the firm's profitable growth strategy.

The combined entity will rank No. 4 globally in the MHCV (6T+) market, with volumes close to the No. 2 and 3 players. In Latin America, where IVECO is No. 3, the firm plans to introduce its products below IVECO’s range to expand presence without cannibalization.

Jaguar Land Rover

JLR halted production at its three UK plants from August 31 after a cyber-attack disrupted internal systems, keeping operations down for most of September. On September 29, the Tata Motors subsidiary announced a phased restart, and full recovery expected to take several weeks.

As a result of inventory, September retail sales remained unaffected and even some wholesale was managed, but at a lower rate. Going ahead, the firm will see a liquidity hit due to production halt. The firm added that despite geo-political issues, the US market is resilient, China is holding up, and EU/UK are stable.

Should you buy, sell, or hold?

Motilal Oswal said JLR is facing several headwinds, which include: tariff-led slowdown for exports to the US, demand weakness in key regions like Europe and China; and rising VME, warranty and emission costs. "For the lack of any triggers, we reiterate our 'neutral' rating on Tata Motors, with a price target of Rs 686," noted the brokerage.

Nuvama Institutional Equities concurred, maintaining its 'reduce' call, with a price target of Rs 680 per share, led by muted growth prospects in JLR. JM Financial downgraded its rating from 'hold', cutting it to 'reduce' and issued a target price of Rs 689.

International brokerage Jefferies said that it is positive on India business, along the demand for PVs and CVs. However, the brokerage is less convinced on the JLR outlook and IVECO acquisition. Jefferies reiterated its 'reduce' call, with a price target of Rs 575 per share.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

&nbsp;

is a Senior Correspondent, writing on the markets, financial institutions, regulatory changes and everything else in between.

Brokerages bearish on Tata Motors as management discusses demerger, IVECO deal, JLR cyber-attack

Tata Motors Demerger: Brokerages bearish on Tata Motors as management details demerger, IVECO deal and JLR issues

Analysts and brokerages remained largely bearish on auto player Tata Motors after its analyst call, where the company outlined plans for the PV and CV business demerger, the IVECO acquisition, and shared updates on Jaguar Land Rover following the recent cyber-attack.

Demerger of PV and CV businesses

Passenger vehicles: Ahead of the GST cuts, the management stated that the PV segment went a through low demand phase, to the extent that even SUVs were pushed with discounts. The low demand resulted in significant pressure, making profitability difficult.

Following the announcement of the GST rework, the industry saw a double-digit dip in demand. However, from 5th September, demand recovery was visible. The management noted that while the industry is seeing nearly 20 percent growth in bookings YoY, Tata Motors is seeing 25 percent growth.

Commercial vehicles:  For the CV segment, Tata Motors' management shared that the impact of GST rate cuts will vary across sub-segments. Many customers currently avail input tax credit (ITC), which limits the benefits of rate cut.

In Heavy Commercial Vehicles (HCVs), about 60-70 percent of customers are B2B operators who claim ITC, while the figure is around 40 percent in Intermediate Light Commercial Vehicles (ILCVs) and only 18 percent in Small Commercial Vehicle (SCVs). This makes the benefit of GST cuts the highest for low-tonnage vehicles.

Demerger: Analysts expect that the separate listing of the PV and CV businesses will be in October or November 2025, subject to regulatory approvals, although the exact dates are yet to be announced.

IVECO acquisition 

Tata Motors highlighted over various synergy levers from the IVECO acquisition across cost, R&amp;amp;D, supply chain, and product portfolios. IVECO brings global scale and technology leadership, while Tata Motors adds cost-competitive manufacturing and a strong India base. The management guided that IVECO will be EPS accretive from Day 1, generate strong FCF, and target 20 percent RoCE, aligned with the firm's profitable growth strategy.

The combined entity will rank No. 4 globally in the MHCV (6T+) market, with volumes close to the No. 2 and 3 players. In Latin America, where IVECO is No. 3, the firm plans to introduce its products below IVECO’s range to expand presence without cannibalization.

Jaguar Land Rover

JLR halted production at its three UK plants from August 31 after a cyber-attack disrupted internal systems, keeping operations down for most of September. On September 29, the Tata Motors subsidiary announced a phased restart, and full recovery expected to take several weeks.

As a result of inventory, September retail sales remained unaffected and even some wholesale was managed, but at a lower rate. Going ahead, the firm will see a liquidity hit due to production halt. The firm added that despite geo-political issues, the US market is resilient, China is holding up, and EU/UK are stable.

Should you buy, sell, or hold?

Motilal Oswal said JLR is facing several headwinds, which include: tariff-led slowdown for exports to the US, demand weakness in key regions like Europe and China; and rising VME, warranty and emission costs. &quot;For the lack of any triggers, we reiterate our 'neutral' rating on Tata Motors, with a price target of Rs 686,&quot; noted the brokerage.

Nuvama Institutional Equities concurred, maintaining its 'reduce' call, with a price target of Rs 680 per share, led by muted growth prospects in JLR. JM Financial downgraded its rating from 'hold', cutting it to 'reduce' and issued a target price of Rs 689.

International brokerage Jefferies said that it is positive on India business, along the demand for PVs and CVs. However, the brokerage is less convinced on the JLR outlook and IVECO acquisition. Jefferies reiterated its 'reduce' call, with a price target of Rs 575 per share.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

&amp;nbsp;

Media Industry Stocks
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Earnings Review-Q1 FY25-26

Stock News

Tata Motors demerger effective tomorrow; here's what shareholders need to know about record, listing dates

Deccan Gold rallies 6 percent on nearing production from mine in Kyrgyzstan from October

Tata Investment Corp stock jumps to fresh high of over Rs 10,000 as Tata Capital gears for IPO launch on Oct 6

PVR INOX, Prime Focus decline up to 5% as Trump to impose 100% tariffs on films made outside US

Brokerages bearish on Tata Motors as management discusses demerger, IVECO deal, JLR cyber-attack

Media Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Media industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q1 FY25-26

Stock News

Tata Motors demerger effective tomorrow; here's what shareholders need to know about record, listing dates

Deccan Gold rallies 6 percent on nearing production from mine in Kyrgyzstan from October

Tata Investment Corp stock jumps to fresh high of over Rs 10,000 as Tata Capital gears for IPO launch on Oct 6

PVR INOX, Prime Focus decline up to 5% as Trump to impose 100% tariffs on films made outside US

Brokerages bearish on Tata Motors as management discusses demerger, IVECO deal, JLR cyber-attack

Media Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Media industry stocks.