At 10:40 a.m., Tata Elxsi's share price was down 7% at Rs 5992.95. In early trade, the stock hit a 52-week low of Rs 5,924.

Investors turned bearish after Tata Elxsi reported weak performance in Q3FY25 and signalled at mixed outlook. Brokerage Kotak Institutional Equities has recommended selling the company after its Q3.

Investors dumped the shares of Tata Elxsi in loads on Friday after the company reported a subdued third quarter earnings for the financial year 2024-25 (Q3FY25)

Tata Elxsi share price today fell 8 per cent after weak Q3 results. ICICI Securities has maintained REDUCE rating on Tata stock and cut the target price.

With limited growth visibility, a potential cut to consensus numbers, and high valuations, analysts expect the stock to underperform.

Tata Elxsi shares fell nearly 8% on January 10 after Q3FY25 results missed expectations. Net profits declined 3.5% to ₹199 crore while revenues rose 3% to ₹939.17 crore. The CEO highlighted growth in India and emerging markets amidst global challenges.

Morgan Stanley have downgraded Tata Elxsi stock to an "underweight" rating and reduced their target price to Rs 6,000 per share from Rs 6,500

The midcap stock jumped as much as 2.2% with an intraday high of Rs 6617.05 apiece on BSE. Tata Elxsi is expected to report mild gains in revenue and margins in the December 2024 quarter.

Shares of the Tata Elxsi Ltd. traded at Rs 5995.95 on BSE at 02:14PM (IST) on Friday, 6.94 per cent from previous close. The scrip quoted a 52-week low price of Rs 5924.00 and a high of Rs 9082.90. Earlier,

Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world's leading providers of design led technology services, announced its third quarter results for the period ending 31 st December 2024. For the third quarter of financial year 2024-25,