India's Bajaj Auto slips to a two-year low after disclosing ransomware attack
Yesterday 08:33
BUZZ-India's Bajaj Auto slips to a two-year low after disclosing ransomware attack ** Shares of India's Bajaj Auto BAJA.NS fall as much as 2.88% to 9732 rupees, their lowest levels since August 21, 2024
** Stock last down 2.25% at 9803 rupees
** Co says it was hit by a ransomware attack on June 23, affecting certain systems at the company and the unit Bajaj Auto Technology
** Says technical teams and cybersecurity experts responded promptly and successfully mitigated the impact of the incident
** Co says manufacturing operations and supply chain links remain unaffected by the attack
** YTD stock up 4.89%
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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