Mumbai, Sept. 26 -- The stock had fallen 5.31% in the past two sessions amid concerns over the scale of disruption and reports suggesting JLR could face uninsured damages of up to €2 billion. Over a longer horizon, Tata Motors shares are up 3.15% in three months but down 12.52% in six months and 31.37% over the past year.
On September 25, JLR clarified that it had begun a controlled, phased restart of operations. Key sections of its digital estate were brought back online, including IT systems for invoicing, wholesale vehicle registration, and its Global Parts Logistics Centre that supplies retailers worldwide. The company said this would allow faster clearance of supplier payments and help restore operational normalcy.
JLR added ...
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