Tata Motors shares are bucking the trend in a weak market on Friday — Key factors explained

Shares of Tata Motors Ltd

., the manufacturer of passenger and commercial vehicles are trading with gains of 2% on Friday, September 26, bucking the trend in an otherwise weak market.

The move comes after a spokesperson for its unit Jaguar Land Rover (JLR) responded to queries sent to the company by CNBC-TV18 with regards to the production shutdown and the impact thereafter.

JLR's spokesperson noted that the company is beginning a phased restart of its operations after the cyberattack brought operations, including production, to a grinding halt.

Sections of JLR's digital estate are now up and running, the global parts logistics centre is returning to full operations, and the financial system, that processes wholesales of vehicles is now online as well, the spokesperson said.

However, the spokesperson refused to divulge details on the lack of insurance coverage, which, according to reports, could result in a £2 billion bill for JLR, which is higher than its financial year 2025 net profit.

The spokesperson added that the company will update about the financial impact in due course, as part of the financial reporting.

There is still no clarity on whether production, which has been delayed till October 1, will resume on the said date. Some parts of the operations may have returned on stream, but production remains stalled, which is resulting in a loss of £50 million per week for JLR, according to BBC.

Shares of Tata Motors are trading 1.7% higher at ₹675.6. This is only the second instance in the last seven trading sessions that the stock has gained.