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Tata Motors PV unit valued at ₹1.45 trillion

Business Standard

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October 15, 2025

The passenger vehicle (PV) business of Tata Motors, which also includes the electric vehicle and Jaguar Land Rover businesses, post-demerger is now valued at %1.45 trillion, almost 40 per cent below the pre-merger valuation, while its commercial vehicle (CV) entity, expected to list separately in about a month, is likely to have similar valuations.

- SIRALI GUPTA

Post-demerger, global financial services group Nomura set a target price of %365 for the CV business and %367 for the PV entity.

At close, Tata Motors (PV) shares were down 0.88 per cent at 395.5 per share on BSE. In comparison, Sensex ended 0.36 per cent lower at 82,029.98.

The PV unit also consists of Tata Sons (unlisted), Tata Steel and Tata Technology along with other investments.

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