Tata Motors falls as JLR bears cost of cyberattack without cover
Tata Motors shares fell as much as 2.6% to ₹665 on Thursday after the Financial Times reported that its unit, Jaguar Land Rover (JLR), is poised to incur the full cost of a major cyberattack, having failed to secure insurance coverage. JLR's production halt has weighed on Tata Motors. SEBI-registered investment advisor Nidhi Saxena sees strong resistance near ₹700.