Latest news with #TataElxsiLimited
Business Insider
15-07-2025
- Business
- Business Insider
Tata Elxsi Limited (TATAELXSI): New Sell Recommendation for This Technology Giant
Bernstein analyst Rahul Malhotra maintained a Sell rating on Tata Elxsi Limited on July 11. The company's shares closed today at INR6,179.00. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Malhotra covers the Technology sector, focusing on stocks such as Tata Elxsi Limited, Infosys Limited, and KPIT Technologies Limited. According to TipRanks, Malhotra has an average return of 3.4% and a 53.06% success rate on recommended stocks. Currently, the analyst consensus on Tata Elxsi Limited is a Strong Sell with an average price target of INR4,435.00, which is a -28.22% downside from current levels. In a report released on July 11, J.P. Morgan also maintained a Sell rating on the stock with a INR3,800.00 price target. The company has a one-year high of INR9,082.90 and a one-year low of INR4,601.05. Currently, Tata Elxsi Limited has an average volume of 22.53K.
Indian Express
11-07-2025
- Automotive
- Indian Express
Tata Elxsi share price crash 7% after Q1FY26 Results
Tata Elxsi Share Price: Shares of Tata Elxsi closed in red on Friday (July 11) after the company announced its first quarterly results for the financial year 2025-26. Shares of Tata Elxsi settled 1.59 per cent lower at Rs 6040 apiece on NSE. In the morning, the Tata stock opened in red at Rs 5666 vs the previous closure of Rs 6137.50, declining around 7 per cent. On Friday, Tata Elxsi signed a MoU with Synopsys to deliver advanced automotive virtualization solutions. 'The collaboration will provide customers pre-verified, integrated solutions and services that make it easy to design and deploy virtual electronic control units (vECUs), a cornerstone technology critical for efficient software development and testing in today's software-defined vehicles, the company said in an exchange filing. On Thursday, Tata Elxsi reported a 21.5 per cent decrease in consolidated net profit to Rs 144.36 crore in the April-June quarter of FY26 on account of macroeconomic uncertainties and industry-specific issues impacting R&D spend and decision-making. It had logged a profit of Rs 184.07 crore in the year-ago period, according to a regulatory filing. Revenue from operations dropped by 3.7 per cent to Rs 892.2 crore in the first quarter of 2025-26 compared to Rs 926.45 crore in the same quarter of FY25. Tata Elxsi Limited is a component of the BSE 200. According to the BSE analytics (as of July 11), shares of Tata Elxsi gave negative returns of 2.71 per cent and 4.82 per cent, respectively. On a YTD basis, shares of the company fell 10.47 per cent. In the last 1 year, 2 years, and 3 years, shares of the company down 13.18 per cent, 18.81 per cent, and 24.90 per cent, respectively. In the past 5 years and 10 years, shares of the company up 550.58 per cent and 901.24 per cent, respectively. This year, Tata Elxsi Limited paid dividend of Rs 75 so far. The company also declared dividends of Rs 42.50, Rs 60.60 and Rs 70 in 2022, 2023 and 2024, respectively. Tata Elxsi issued bonuses in the ratio of 1:1 in 2017. At the current market price, the dividend yield of Tata Elxsi Ltd is 1.24%.
