Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

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

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

A total of 9,576 shares changed hands on the counter till 12:25PM (IST)

Tata Elxsi shares decline 0.84% as Sensex climbs

With a market worth of ₹41,489.19 Cr, Tata Elxsi Ltd. is a major IT firm. It is a top provider of design and technology services for the automotive, broadcast, communications, healthcare, and transportation industries.

Tata group stock turns ₹1 lakh to ₹12 Cr after 1 bonus share: Buy post Q3?

Sharekhan recommended Reduce rating on Tata Elxsi with a target price of Rs 6185 in its research report dated January 25, 2023.

Reduce Tata Elxsi, target of Rs 6185: Sharekhan

The design led technology service provider reported a 29% rise in net profit to Rs 194.68 crore on 28.7% increase in revenue from operations to Rs 817.74 crore in Q3 FY23 over Q3 FY22.

Tata Elxsi Q3 PAT jumps 29% YoY to Rs 195 cr

Tata Elxsi’s net profit for Oct-Dec came in at Rs 194.68 crore, up 28.97 percent from Rs 150.95 crore in December 2021.

Tata Elxsi rises after Q3 profit grows 29%; Morgan Stanley still sees 14% downside

Tata Elxsi Standalone December 2022 Net Sales at Rs 817.74 crore, up 28.69% Y-o-Y

Tata Motors’ multiple headwinds to limit debt repayment ability.

Tata Motors, Bajaj Auto, Tata Elxsi, Indraprastha Gas & More Q3 Results Reviews: HDFC Securities

Board of Tata Elxsi approves Share Based Long Term Incentive Plan for employees

Tata Elxsi standalone net profit rises 28.96% in the December 2022 quarter

Buzzing stocks: Tata Motors, Tata Elxsi, Tata Steel Long Products, Bajaj Auto, atteries, Arvind, Bajaj Auto, Blue Dart, Cipla, Ceat, Dr Reddy’s Lab, DLF, Embassy Office Parks REIT, Equitas Holdings, Go Fashion, Indian Bank, Jindal Saw, Patanjali Foods, Sundaram Clayton, Torrent Pharmaceuticals, Reli…

Stocks that will see action on January 25, 2023

Stocks to Watch: Bajaj Auto, Cipla, Dr.Reddy’s, Tata Elxsi and Tata Motors are some of the prominent companies to announce Q3 results on Wednesday.

Stocks to Watch: Maruti, TVS Motor, Coffee Day, Indus Towers, SBI Card, IOC

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

Tata Elxsi Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Tata Elxsi shares decline 0.84% as Sensex climbs

Tata group stock turns ₹1 lakh to ₹12 Cr after 1 bonus share: Buy post Q3?

Reduce Tata Elxsi, target of Rs 6185: Sharekhan

Tata Elxsi Q3 PAT jumps 29% YoY to Rs 195 cr

Tata Elxsi rises after Q3 profit grows 29%; Morgan Stanley still sees 14% downside

Tata Elxsi Standalone December 2022 Net Sales at Rs 817.74 crore, up 28.69% Y-o-Y

Tata Motors, Bajaj Auto, Tata Elxsi, Indraprastha Gas & More Q3 Results Reviews: HDFC Securities

Board of Tata Elxsi approves Share Based Long Term Incentive Plan for employees

Tata Elxsi Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Tata Elxsi shares decline 0.84% as Sensex climbs

Tata group stock turns ₹1 lakh to ₹12 Cr after 1 bonus share: Buy post Q3?

Reduce Tata Elxsi, target of Rs 6185: Sharekhan

Tata Elxsi Q3 PAT jumps 29% YoY to Rs 195 cr

Tata Elxsi rises after Q3 profit grows 29%; Morgan Stanley still sees 14% downside

Tata Elxsi Standalone December 2022 Net Sales at Rs 817.74 crore, up 28.69% Y-o-Y

Tata Motors, Bajaj Auto, Tata Elxsi, Indraprastha Gas & More Q3 Results Reviews: HDFC Securities

Board of Tata Elxsi approves Share Based Long Term Incentive Plan for employees

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock