Tata Motors shares in focus on reports of estimated loss from JLR cyber attack 

Shares of Tata Motors are in focus today after reports said the cyber attack on Jaguar Land Rover (JLR), owned by the Indian auto giant, incurred a loss of $2.55 billion in August to the British economy, affecting 5,000 companies. An independent cybersecurity body in a report said the losses are likely to be higher if unexpected delays were caused to the restoration of production at the vehicle manufacturer to pre-hack levels. Advertisement

The Tata Group stock closed 0.55% higher at Rs 401.90 on Tuesday. Market cap of the firm rose to Rs 1.47 lakh crore in the previous session.

Tata Group shares have delivered negative returns of -9% this year. On a yearly basis, the stock clocked losses of 31.37%.

The stock has a one-year beta of 1.4, indicating very high volatility during the period