Tata Motors shares rose over 2 percent on Friday, snapping a two-day losing streak, after Jaguar Land Rover (JLR) said it had restored part of its digital systems that were disrupted by a cyber attack.
The UK-based luxury carmaker said on Thursday that some of its systems were back online as part of a phased recovery process, reported Reuters.
"As part of the controlled, phased restart of our operations, today we have informed colleagues, suppliers and retail partners that sections of our digital estate are now up and running," a JLR spokesperson said. "The foundational work of our recovery programme is firmly underway," the spokesperson added.
During FY25, JLR accounted for 72 percent of Tata Motors' total automotive revenue, higher than its contribution in FY24, led by strong performance in the North American market. Employee costs at JLR rose 15.6 per cent to Rs 36,887 crore (£3,417 million) in FY25 due to an increase in headcount and annual pay revisions.
Shares of Tata Motors were trading at Rs 678.45 on the NSE, up 2.13 percent.
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