Tata Motors’ stock saw a significant decline on Thursday, dropping by 4 percent to an intraday low of ₹655.30. This downturn was primarily linked to concerns surrounding a cyberattack on its UK-based subsidiary, Jaguar Land Rover (JLR). Following the cyber incident on August 30, the British luxury car manufacturer has stopped production until October 1.
The halt in operations throughout September is already having repercussions on suppliers and retailers and is expected to have a considerable impact on both JLR’s performance and that of its parent company, Tata Motors, in the upcoming second quarter. According to reports, JLR could face financial repercussions amounting to £2 billion, particularly in light of the absence of insurance coverage for the cyberattack.
In a related development, Tata Motors announced on Tuesday that its dealers sold around 10,000 passenger vehicles on the first day of Navratri, a surge attributed to a decrease in vehicle prices due to the GST 2.0 regime. Following the introduction of the new GST rates, Tata Motors has committed to passing on the full benefits to consumers, along with enticing festive offers.
As of 2:22 PM, Tata Motors’ stock was trading at ₹663.85, reflecting a decrease of 2.80 percent, moderating between ₹655.30 and ₹675 compared to the previous close of ₹682.95 on the National Stock Exchange. The stock has now fallen by 9.6 percent from a recent peak of ₹725.25, which was recorded on September 18.
Published on September 25, 2025.
