Tata Elxsi Share Price: Tata's 36-Yr-Old Stock Falls 8% After Q3; Brokerage Suggest SELL
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.
Tata Elxsi Share Price: Tata stock falls 8% after Q3 results; BUY or SELL?
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.
Tata Elxsi misses Q3FY25 estimates; Morgan Stanley downgrades stock, cuts target price
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
Tata Elxsi shares may continue to underperform, says this analyst post Q3 results
With limited growth visibility, a potential cut to consensus numbers, and high valuations, analysts expect the stock to underperform.
Tata Elxsi share price down 8%. Why did it hit 52-week low after Q3 results?
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.
Why Tata Elxsi shares tanked 8% post Q3 results; stock price targets
Tata Elxsi's Q3 performance was weak, missing moderate expectations. Weakness was across verticals with a modest uptick in the healthcare vertical, while the transportation and media verticals were muted.
Tata Elxsi Q3 Results: Net profit dips 13.3% to ₹199 crore; Margin shrinks to 24.2%
Tata Elxsi's revenue for the December quarter stood at ₹939.2 crore, which was 1.7% lower as compared to ₹955.1 crore in the previous September quarter.
Tata Elxsi delivers stable revenues in Q3 FY'25
Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company's performance in the third quarter of FY25, said: "We are happy to report a steady quarter with revenue from operations at Rs. 939.2 crores. During the quarter, EBITDA margins stood at 26.3% and the PBT margin was reported at 26.1%.
Tata Elxsi Q3 earnings: Net profit falls, revenue at Rs 939 crore
Revenue climbed 2.72% to Rs 939.17 crore in Q3 against Rs 914.23 crore in the corresponding quarter of the previous fiscal.
Tata Elxsi Q3 Results: 36-Yr-Old Tata Company Earns Net Profit Of Rs 190 Crore; Full Earnings Report Here
Tata Elxsis CEO highlighted that its Media & Communication business reported QoQ CC growth in a quarter that is typically soft and affected by furloughs.
Tata Elxsi shares 6.94% as Sensex
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,
Digi Times10h
Tata Elxsi and Qualcomm join forces to create virtual models of Snapdragon Digital Chassis solutions at CES 2025
Tata Elxsi is teaming up with Qualcomm to develop virtual models of Snapdragon Digital Chassis solutions for cloud-native ...
Tata Elxsi Standalone December 2024 Net Sales at Rs 939.17 crore, up 2.73% Y-o-Y
Net Sales at Rs 939.17 crore in December 2024 up 2.73% from Rs. 914.23 crore in December 2023. Quarterly Net Profit at Rs.
Stocks to Watch: TCS, IREDA, Tata Elxsi, Adani Wilmar, Phoenix Mills, and more
Here’s a quick look at stocks likely to be in focus in today's trade. TCS: Tata Consultancy Services (TCS), India’s largest ...
India's Tata Elxsi misses Q3 revenue view on weak demand in media & communications wing
Indian engineering and technology services firm Tata Elxsi reported a smaller-than-expected third-quarter revenue on Thursday, hurt by sluggish demand in its media and communications division.