Tata Motors Shares Today: Shares of Tata Motors Ltd. fell 4 per cent to Rs 655.65 on Thursday, September 25, after reports indicated that its subsidiary Jaguar Land Rover (JLR) could face losses of up to Rs 2 billion due to an ongoing cyberattack. The potential hit, if realized, would exceed JLR’s total profit of Rs 1.8 billion for FY25, raising concerns among investors.
The cyberattack has disrupted JLR’s production and forced the company to extend its production halt from September 24 to October 1. Approximately 33,000 staff have been instructed to remain at home until the issues are resolved. According to BBC reports, JLR is losing around Rs 50 million per week as operations remain suspended.
Financial Times reports suggest that JLR had not secured cyber insurance, with a deal being