Wednesday, July 8, 2026

Tata Motors unit JLR faces global IT issues, impacts business; stock in focus

Date:

Shares of Tata Motors Ltd., the manufacturer of passenger and commercial vehicles, will be in focus on Tuesday, September 2, after the company informed the bourses about an IT security incident at its UK arm, Jaguar Land Rover (JLR).JLR said: “We are working at pace to resolve global IT issues impacting our business. We will provide an update as appropriate in due course.”

Tata Motors added that it will provide requisite disclosures as and when received from JLR.

Separately, Tata Motors on Monday reported that its wholesales rose 2% year-on-year to 73,178 units in August, compared with 71,693 units in the same month last year.The company’s total domestic sales, however, declined 2% year-on-year to 68,482 units in August 2025, against 70,006 units in August 2024.

Domestic passenger vehicle dispatches fell 7% to 41,001 units last month from 44,142 units in August 2024.

Meanwhile, domestic commercial vehicle sales grew 6% to 27,481 units, compared with 25,864 units in the year-ago period.

Tata Motors shares ended 3.09% higher on Monday at ₹689.70. The stock has risen nearly 6% in the last one month.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

₹17L tax refund denied after taxpayer missed ITR e-verification while caring for ill father: Here’s what ITAT ruled

दिल्ली स्थित एक करदाता को इनकार कर दिया गया...

US Military launches retaliatory strikes after vessels attacked in Strait of Hormuz

The US military says forces have begun carrying out...

Take profits near Nifty 24,600; record highs possible by year-end: JM Financial’ Rahul Sharma

Rahul Sharma, Director & Head Technical & Derivatives at...

Wall Street: Nasdaq, S&P 500 slip as chip stocks decline, Intel sinks 8.2%, Micron sheds 7.3%

वॉल स्ट्रीट के प्रौद्योगिकी-भारी नैस्डैक और बेंचमार्क एसएंडपी 500...