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August 31, 2026
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Tata Motors PV Shares Drop 4% After JLR Q3 Wholesales Plunge 43% Post-Cyberattack

Shares of Tata Motors (Passenger Vehicles) declined around 4 percent on Tuesday following a sharp fall in Jaguar Land Rover’s (JLR) Q3 wholesales, which dropped 43 percent year-on-year due to operational disruptions caused by a recent cyberattack.

JLR’s retail sales also fell 25 percent YoY, totaling 79,600 units in the October–December quarter of FY26. Analysts highlighted that the cyberattack impacted production and supply chain operations, weighing on short-term revenue and margins.

Investors reacted negatively to the update, leading to a decline in Tata Motors PV shares. While the long-term prospects of JLR remain tied to new model launches and global demand recovery, the immediate focus remains on resolving operational disruptions and stabilizing sales performance in upcoming quarters.

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