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.

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.

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

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

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 recorded a 3.5 per cent fall in net profit for the quarter ended December 2024. Shares closed marginally lower ahead of the earnings release.

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.

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.

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.

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,