India, March 27 -- The latest operational hurdle at JLR has reignited investor concerns over the automaker's supply chain stability. The disruption, involving high-margin models like the Range Rover, marks the second major production setback for the British subsidiary within the last six months.
Following the news, the stock which was already reeling from a 21% decline over the past month hit an intraday low of Rs301.05 on the BSE, erasing recent recovery gains.
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Tata Motors' stock took a sharp 5.13% dive this Friday as investors reacted to a production halt at Jaguar Land Rover's Solihull facility. The suspension, triggered by a specific supplier's "parts supply challenge," hit the brand right where it hurts by stalling the assembl...
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