The shares of Tata Motors' commercial vehicle business were listed at Rs 335 apiece on the NSE on November 12, marking a premium of more than 28.5 percent from the discovered price. This officially completes the demerger of automaker Tata Motors.

The stock then dropped 1.5 percent to close at Rs 330 apiece, marking a rise of 26.56 percent from the discovery price. Its market capitalisation at the end of the debut day stands at Rs 1,21,516.94 crore.

The commercial vehicle segment will officially be known as Tata Motors. The shares of the passenger vehicle segment, known as Tata Motors Passenger Vehicles, were discovered at a price of Rs 400 apiece on NSE on October 14.