Here are the stocks to watch before going into trade today.

Stocks To Watch: IOCL, Bharat Electronics, Tata Steel, HAL, Dhanlaxmi Bank, Zomato, Tata Elxsi, PVR Inox

Shares of aerospace and defence-related companies rose on Thursday, following India’s successful Chandrayaan landing. Centum Electronics, MTAR Technologies, Paras Defence and Space Technologies, Avantel, Tata Elxsi, Bharat Electronics, L&T and Hindustan Aeronautics all saw gains, with some hitting 5…

Chandrayaan-3 effect: Stocks related to defence, aerospace sectors soar

NIT Calicut and Tata Elxsi have signed an MoU to set up a laboratory to promote research in the electric vehicle domain. The initiative aims to equip students to bring transformation in the sector and face challenges like shortage of electricity and high price of EVs. Tata Elxsi is looking forward …

NIT Calicut partners with Tata Elxsi for EV research: New lab and collaboration to drive innovation

Sharekhan recommended Hold rating on Tata Elxsi with a target price of Rs 7500 in its research report dated July 18, 2023.

Hold Tata Elxsi; target of Rs 7500: Sharekhan

KR Choksey is bullish on Tata Elxsi has recommended buy rating on the stock with a target price of Rs 8406 in its research report dated July 18, 2023.

Buy Tata Elxsi; target of Rs 8406: KR Choksey

Results Review for LTIMindtree, Tata Elxsi, Karur Vysya Bank

The company’s first-quarter net profit fell 6% sequentially to Rs 189 crore, compared with Rs 201.3-crore estimate.

Tata Elxsi Shares Fall The Most In 39 Weeks After Q1 Profit Misses Estimates

The demand scenario remains absolutely convincing. And the company’s position, because of the distribution reach that they have created is also remaining a very compelling proposition.

Here’s why Deven Choksey is bullish on Tata Elxsi

LTIMindtree Ltd.’s revenue rose 0.12% over the previous three months to Rs 8,702.1 crore.

LTIMindtree Profit Rises, Tata Elxsi Revenue Up — Earnings Wrap

Large IT services companies have flagged discretionary spending cuts by clients and an uncertain demand environment.

Tata Elxsi posts smallest profit growth in nearly four years

The revenue from operations grew by 17 percent to Rs 850 crore during the quarter from Rs 726 crore in June 2021 quarter.

Tata Elxsi Q1 results: Net profit up 2% to Rs 189 crore

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Tata Elxsi Limited is engaged in the design and development of computer hardware and software. The Company operates in two segments: System integration & support, and Software Development & Services.

Tata Elxsi Ltd