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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 brokered by Lockton, one of the world’s largest independent insurance brokers, failing to materialize. The lack of coverage has exposed the company to significant financial risk, highlighting vulnerabilities in operational risk management.

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JLR contributes about 70 per cent of Tata Motors’ consolidated revenue, making it a crucial component of the company’s earnings. Analysts say the cyberattack could weigh heavily on both short-term investor sentiment and Tata Motors’ financial performance, though the company’s broader automotive operations remain stable.

Despite these challenges, Tata Motors reported a strong start to the festive season, delivering over 10,000 vehicles on the first day of Navratri and recording more than 25,000 inquiries, indicating robust consumer demand. Auto industry analysts are awaiting monthly sales data next week, which will provide further insight into sector trends and Tata Motors’ overall performance.

The stock has now declined in five of the last six trading sessions, reflecting market caution over the ongoing cyberattack and its potential financial impact on Tata Motors’ flagship subsidiary.

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Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate affairs, with prior stints at Business ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.