Tata Motors Limited says JLR facing Covid-19 supply chain disruption

Tata Motors Limited's wholly owned subsidiary - Jaguar Land Rover UK, like other automotive manufacturers, is currently experiencing some Covid-19 supply chain disruption, including the global availability of semi-conductors, which is having an impact on its production schedules and ability to meet global demand for some of their vehicles.

As a result, JLR have adjusted production schedules for certain vehicles which means that the Castle Bromwich and Halewood manufacturing plants will be operating a limited period of nonproduction from Monday, April 26, 2021. Manufacturing continues at the Solihull plant.

JLR is working closely with affected suppliers to resolve the issues and minimise the impact on customer orders wherever possible.

Shares of TATA MOTORS LTD. was last trading in BSE at Rs.294.55 as compared to the previous close of Rs. 297.95. The total number of shares traded during the day was 3011818 in over 22448 trades.

The stock hit an intraday high of Rs. 302.5 and intraday low of 292.25. The net turnover during the day was Rs. 894935773.

Source : Equity Bulls

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