In light of the ongoing coronavirus situation, Jaguar Land Rover has confirmed that it will temporarily suspend production at its UK manufacturing facilities over the course of next week. The company's intention is to resume in the week of 20 April, subject to review of the rapidly-changing circumstances.
As a responsible business, Jaguar Land Rover is operating in line with advice from the NHS and Public Health England to minimise the spread of the coronavirus, whilst implementing plans to safeguard its business continuity. The company will work towards an orderly return to production once conditions permit.
Currently, Jaguar Land Rover's manufacturing plants in Brazil and India continue operating. The company's joint venture plant in China reopened in the weekof24 February, as life begins to get back to normal in the country.
Although the company's focus must be on its business and responsibilities to employees, Jaguar Land Rover is doing whatever it can to support its communities through the current situation. The company's thoughts are with those directly affected by COVID-19 and with the healthcare professionals, whose role in combating this virus is appreciated by all.
Shares of TATA MOTORS LTD. was last trading in BSE at Rs.77.4 as compared to the previous close of Rs. 72.95. The total number of shares traded during the day was 4843183 in over 19573 trades.
The stock hit an intraday high of Rs. 79.55 and intraday low of 72.7. The net turnover during the day was Rs. 368111511.