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HomeSHARE MARKETMore Than 20% Share Crash Danger For This Tata Group Share; Disappointed...

More Than 20% Share Crash Danger For This Tata Group Share; Disappointed Results

Tata Elxsi Ltd (NSE: TATAELXSI) Shares: Tata Elxsi Ltd shares fell more than 2 percent in early trade today on July 11. This decline in the company’s shares has come after its weak June quarter results. 

Tata Elxsi Ltd had reported a day earlier that its net profit in the June quarter fell by 3 percent to Rs 184 crore, from Rs 188 crore in the same quarter last year. 

At the same time, the company’s revenue in the June quarter grew by 9 percent to Rs 926 crore, from Rs 850 crore in the same quarter of the previous financial year.

Around 10 am, Tata Elxsi Ltd shares were trading 1.82 percent lower at Rs 6,993.95 on the NSE. The company’s shares have fallen by about 20 percent so far this year.

Top expert said Tata Elxsi Ltd’s revenue and profit were slightly higher than its estimates. The company’s revenue grew 2.4 percent quarterly on the back of some big deals and strong performance from Jaguar Land Rover (JLR). 

He has maintained ‘Sell’ rating on Tata Elxsi Ltd shares but raised its target buying price to Rs 5,500. It also expects the company’s shares to fall by about 22 percent.

The brokerage said, “The company has focused on operational efficiency and tightly controlled costs. We believe the company’s management will prioritize reinvestment in growth opportunities and we do not see any significant upside from current levels at the moment.”

Foreign brokerage has also maintained its ‘Underweight’ rating on Tata Elxsi Ltd and given it a target price of Rs 5,800. It expects the company’s shares to fall by about 18.5 percent.

The brokerage said its healthcare segment’s performance declined due to a delay in deal renewal from a large US client. The brokerage cut its earnings estimates for FY25-27 by 2 to 4 percent due to higher tax rates.

Tata Elxsi Ltd Stock Performance

Current Price₹ 6,982
52-wk High₹ 9,200 
52-wk Low₹ 6,407
5 Days Return-1.71%
1 Month Return-1.60%

Key Fundamentals Parameters

Market Cap₹ 43,480 Cr.
Stock P/E55.1
Book Value₹ 402
Dividend0.99 %
ROCE42.7 %
ROE34.5 %
Face Value₹ 10.0
P/B Value17.4
OPM28.9 %
EPS₹ 126
Debt₹ 225 Cr.
Debt to Equity0.09

Tata Elxsi Ltd Shareholding Pattern

Promoters Holding
Mar 202343.92%
June 202343.92%
Sept 202343.92%
Dec 202343.92%
Mar 202443.92%
FII Holding
Mar 202313.85%
Jun 202314.22%
Sep 202313.80%
Dec 202315.02%
Mar 202414.56%
DII Holding
Mar 20233.54%
Jun 20234.08%
Sep 20234.80%
Dec 20235.71%
Mar 20246.06%
Hot Stocks Alert Join
Public Holding
Mar 202338.67%
Jun 202337.77%
Sep 202337.46%
Dec 202335.34%
Mar 202435.47%

Tata Elxsi Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 1,610 Cr
2021₹ 1,826 Cr
2022₹ 2,471 Cr
2023₹ 3,145 Cr
2024₹ 3,628 Cr

Last 5 Years’ Net Profit:

2020₹ 368 Cr
2021₹ 550 Cr
2022₹ 755 Cr
2023₹ 792 Cr
2024₹ 788 Cr

Conclusion

This article provides a detail guide about Tata Elxsi Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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