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Tata Motors shares fell sharply on Thursday, hitting an intraday low of Rs 655.30, down 4% from the previous day’s close of Rs 682.95, before recovering slightly to trade at Rs 667.00, down 2.34%.

The decline made it the top loser on the Nifty 50 index, as investors reacted to fears of a potential €2 billion loss from a cyberattack on the company’s UK subsidiary, Jaguar Land Rover (JLR). The projected financial impact could exceed Tata Motors’ net profit for fiscal year 2025, adding to market uncertainty.

The cyberattack has reportedly disrupted JLR’s Information Technology (IT) systems, affecting production schedules, supply chains, and vehicle deliveries. Jaguar Land Rover (JLR), the United Kingdom’s largest carmaker, had ear

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