Tata Motors shares gain ahead of Harrier.ev launch, Confirms Q4 demerger timeline

Tata Motors, Tata Motors share price, Tata Motors demerger

Tata Motors shares traded slightly higher on Tuesday afternoon, quoting at Rs 675.35, up Rs 4.10 ( 0.61 per cent), following key announcements on its upcoming electric SUV and corporate restructuring plan.

India’s largest electric carmaker confirmed that pre-bookings for its new Harrier.ev — an all-electric version of its mid-size SUV — will open on July 2, 2025. The launch is expected to bolster the company's EV portfolio amid growing domestic competition.

In a separate development, Tata Motors Chairman N. Chandrasekaran, addressing shareholders at the company’s 80th Annual General Meeting (AGM) on Friday, stated that the firm’s long-awaited demerger of its commercial and passenger vehicle businesses will be completed in the October–December quarter of 2025.

“First, the PV company will list, and then the CV company will list a couple of months later,” Chandrasekaran said.

Under the plan, shareholders will receive one share of the new CV company for every share held in Tata Motors, with both shares carrying a face value of Rs 2. The record date for the entitlement will be announced at a later stage.

While the move is being seen as a long-term value-unlocking step, analysts caution that it won’t impact earnings in the immediate quarters. Short-term challenges — including JLR’s tariff exposure and EV supply constraints — remain in focus.

On the supply side, Chandrasekaran noted that Tata Motors is working with the government and looking to secure alternative sources of rare earth magnets, after China curbed exports of critical materials used in electric drivetrains.

Market participants will be watching the July 2 Harrier.ev booking response closely, as well as further clarity on the listing timelines and strategic roadmap for the demerged entities.