Tata Elxsi Share Price

सप्ताह के पहले कारोबारी दिन डिजाइन और टेक्नोलॉजी सर्विस देने वाली कंपनी टाटा एलेक्सी ...

सप्ताह के पहले कारोबारी दिन कंपनी के शेयर में 8 फीसदी तक गिरावट दर्ज की गई. अमेरिका की ब्रोकरेज फर्म मॉर्गन स्टेनली (Morgan Stanley) ने टाटा एलेक्सी पर राय देते हुए इस पर अंडरवेट रेटिंग दी है. बीएसई का 30 शेयरों वाला सूचकांक सेंसेक्स 491.01 अंक यानी 0.85 फीसदी बढ़कर 58,410.98 अंक पर पहुंच गया. इसमें भी तिमाही आधार पर 4 फीसदी गिरावट दर्ज की गई. सितंबर तिमाही में कंपनी की आय 763 करोड़ रुपये रहीय इसमें तिमाही आधार पर 5 फीसदी और सालाना आधार पर 28 फीसदी की बढ़त दिखी. अब कंपनी के शेयरों की कीमतों में गिरावट देखने को मिली है.

Tata Elxsi Ltd. key Products/Revenue Segments include Software Development Charges and Traded Goods for the year ending 31-Mar-2022.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The current market price of

Profit before tax of Tata Elxsi stood at Rs 219.17 crore, registering a fall of 4 per cent quarter on quarter.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Healthcare continued to witness strong growth of 8 per cent QoQ and 56 per cent YoY, driven by new product engineering and regulatory services. The company’s growth was primarily volume-led, with all three segments of EPD, IDV and SIS showing growth of 4, 14 and 26 per cent QoQ, respectively. “We believe tapering of superior growth and lack of positive surprise levers would weigh on the premium valuation. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) “Tata Elxsi has consistently proven its expertise and aims to capture market opportunities across key verticals and adjacencies, given its unique capabilities in design-led engineering, low-cost execution, and high offshore mix.

With the past two days' decline, Tata Elxsi's market price has corrected 32 per cent from its record high level of Rs 10760.

"We expect 26 per cent EPS CAGR over FY22-25E, and doubling of EPS in three years (revenue-led) with margins for FY23/24/25E at 30.8 per cent, 30.5 per cent, and 31.7 per cent, and RoE at ~40 per cent. [markets](/markets) of Europe and US, and extension of slowness in deal closures spreading to other verticals other than Media and Communication could impact deal wins and revenues. [Tata Elxsi](/topic/tata-elxsi) reported weak revenue growth during Q2FY2023, with sharp drop in margin due to strong headcount addition, back-to-office costs, opening of new facilities, and increased discretionary spends related to travel, and training. [Tata Elxsi](/topic/tata-elxsi) hit a three-month low of Rs 7,280, falling 6 per cent on the BSE in Tuesday's intra-day trade, in an otherwise weak market. The numbers are muted in the region due to unfavorable currency movement. The index has surged 2 per cent in two days. EBITDA margin declined by 312 basis points QoQ to 29.7 per cent, while net profit stood at Rs 174.3 crore, down 5.7 per cent QoQ but up 39.1 per cent YoY. It expects this to continue for one or more quarters as customers are cautious, majorly in US and Europe, owing to the inflationary environment. Management also indicated that deal closures are taking longer in the tUS and Europe due to the macro environment. [Tata Elxsi](/topic/tata-elxsi) reported Rs 763 crore of revenue from operations, a growth of 5.1 per cent quarter-on-quarter (QoQ), and 28.2 per cent year-on-year (YoY). In comparison, the S&P BSE Senses was up 1.1 per cent at 12:15 PM. The stock has slipped 14 per cent in the past two trading days after the Tata Group company reported weak revenue growth in the July-September quarter (Q2FY23).

Tata Elxsi share: The revenue from operations in the quarter stood at Rs 763.2 crore, rising 28.2 per cent YoY, compared to the corresponding period a year ...

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They downgraded the stock with a target price of Rs 7,963. The stock currently trades at 78.5 times earnings. Get Daily Prediction & Stocks Tips On Your Mobile.

Tata Elxsi tanks 8% after tepid Q2 results · Analysts remain wary of the stock due to expensive valuations. · More FromInvesting · More FromInvesting.

HDFC Securities maintains "sell" at a target price of ₹6,540, implying a potential downside of 22%. ICICI Securities maintains "sell" at a target price of ₹5,173 from earlier ₹5,322, implying a potential downside of 38%. We are seeing strong and sustained growth in the automotive and adjacent segments, led by our EV and digital capabilities," says Manoj Raghavan, chief executive officer and managing director, Tata Elxsi. The transportation business grew 30.4% year-on-year, aided by large deals in electric vehicles. Axis Capital too maintains "sell" at a fair value of ₹6,500 compared with ₹7,100 earlier, implying a potential downside of 23%. "We have delivered a quarter of steady growth amidst macro-economic uncertainty and currency headwinds in our key markets.

By Malvika Gurung. Investing.com -- Shares of the leading design and technology services provider Tata Elxsi (NS: TTEX ) plunged over 8% on Monday and ended ...

Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse. [MS ](/equities/morgan-stanley)) sees medium-term risks on the company’s margin and premium valuations, keeping an underweight call on the stock at a target price of Rs 5,800, a downside of 25.5% compared to Monday’s closing price. [ICCI ](/equities/icici-securities-ltd)) has slashed its EPS estimates on Tata Elxsi by 4%/3% due to reducing USD revenue estimates and a fall in margin estimates.

Choice Broking downgraded the stock to 'reduce' with a target of ₹7963, while Spark Capital maintains a 'sell' rating but made a 24% upward revision to its ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). [Tata Elxsi](/topic/tata-elxsi), the design and technology services provider, slumped over 8% on Monday as [analysts](/topic/analysts)trimmed price targets after the company reported a decline in quarterly net profit - the first such fall since June last year. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Analysts mostly maintained a [sell rating](/topic/sell-rating)on the stock citing rich [valuations](/topic/valuations). At its current price, the stock trades nearly 60 times its one-year forward price-to-earnings (P/E) and a rich premium compared with its average P/E of 41.45 times over the trailing five-year period, Bloomberg data showed. HDFC Securities values the stock to trade around 45 times (June 2024) at its intended price target of ₹6,540 apiece, while

At 11.27 am, the scrip was trading 5.20% lower at Rs 7,373.95 against its last day's trading price of Rs 7,778.35 apiece. However, the stock has risen nearly 17% in the past one year, while it has surged about 25% year-to-date.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Healthcare continued to witness strong growth of 8 per cent QoQ and 56 per cent YoY, driven by new product engineering and regulatory services. The brokerage firm ICICI Direct also has a sell call on Tata Elxsi with a target price of Rs 5,173. “We believe tapering of superior growth and lack of positive surprise levers would weigh on the premium valuation. However, the stock has risen nearly 17% in the past one year, while it has surged about 25% year-to-date. In the September quarter of FY23, the company's net profit declined by 5.65% as compared to the first quarter of 2022.

Shares of Tata Elxsi extended losses for the second session today after the firm announced earnings for the quarter ended September 2022.

We value the firm at a target multiple of 40 times FY24E earnings to arrive at a fair value of Rs 5,173 (earlier: Rs 5,322)," said the brokerage. Considering the near-term headwind on margins, we downgrade our previous rating from Reduce to Sell with a target price of Rs 7,524 (50x FY24E EPS)," the brokerage said. Total 0.84 lakh shares of the firm changed hands amounting to a turnover of Rs 62.24 crore on BSE. At the current market price, the stock is trading at 63 times on a one-year forward basis, which is expensive comparing to its historical average. Tata Elxsi stock has lost 15 per cent or Rs 1,254.85 in the last two sessions, considering today's intraday low of Rs 7,778.35 against the close of Rs 7,201 on October 14. The Tata Group stock slipped 7.42 per cent intraday to Rs 7,201 against the previous close of Rs 7,778.35 on BSE.

कमजोर बाजार में मंगलवार के इंट्रा-डे ट्रेड में बीएसई पर टाटा एलेक्सी का शेयर तीन महीने ...

लगातार टूट रहा टाटा ग्रुप का यह शेयर, 3 महीने के रिकॉर्ड लो पर भाव लगातार टूट रहा टाटा ग्रुप का यह शेयर, 3 महीने के रिकॉर्ड लो पर गिरा भाव, दो दिन में ही तगड़ा नुकसान [हिंदी न्यूज़](/) [बिजनेस](/business/)लगातार टूट रहा टाटा ग्रुप का यह शेयर, 3 महीने के रिकॉर्ड लो पर गिरा भाव, दो दिन में ही तगड़ा नुकसान

People should be buying stock stocks on corrections only and not on some euphoria kind of move where there is suddenly some up move and like what happened ...

[Mutual Funds](/mutual-funds)who hold the stock do not sell and to that extent, the stock sustains but I do not think such valuations can sustain especially at a time when the 40-50% kind of growth story does not seem to be real. The outlook is hazy but it is not that the downside is going to be huge in them. Avenue Supermarts always has been a very expensive stock and it continues to be an expensive stock. For people who made huge money and do not have a three-five year perspective, it makes sense for them to book out now. I look at so many portfolios everyone has Tata Elxsi so then that becomes the risk if disappointment comes and disappointment came this quarter and I sat through their conference call so I think near term outlook looks hazy in some segment so that creates a scenario where that disproportionate earnings growth period seems to be over for now at least. [Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Similarly, on the financial side, banks’ results have been decent and so the downside fundamentally for India is protected at this stage. Let us look at the good news and the bad news, the good news is that so far bulls have managed to defend 17,000-17,100 for a sustainable period of time. Initially people thought nothing can go right in Tata Elxsi and that is why it used to trade at dismal valuation. So we have outperformed very substantially and to that extent, the result season became very important because results have to support the market and till now, the results are not bad. If the Nasdaq corrects another 15-20%, Indian IT stocks can also correct 10 to 20% but we are not going to have a blowout decline. I was looking at the Korean markets this morning and they are down 33% from the peak last year.

Shares of Tata Elxsi Ltd have been falling for some time. The stock has now fallen 33% from its 52-week high level. Brokerages firm ICICI Securities Ltd and ...

The stock has been picked from the brokerage report of ICICI Securities, KR Choksey, and HDFC Securities. The mid cap company has given negative return of 11% in last 3-months, 17% in last 1 month and 15% in 1 Week. Stock Outlook: The shares of Tata Elxsi have declined by 7.39% intraday and the last trading price of the stock is Rs 7203 apiece. KR Choksey, in its October 17, 2022 report, said, "TELX is currently trading at a valuation with a P/E multiple of 69.2x/56x on FY23E/FY24E earnings. We value TELX at a target multiple of 40x FY24E earnings to arrive at a fair value of Rs5,173 (earlier: Rs5,322). For the September quarter, net profit of Tata Elxsi fell by more than 5%.