Synopsis:
Tata Elxsi Limited reports a 3.87% YoY revenue drop and a 32.52% YoY net profit drop in Q2 FY26 results and MOFS, JPMorgan and Kotak are given sell ratings, with downside potential of up to 28.23 percent.
This Tata Group Stock, engaged in providing design and technology services for automotive, healthcare, broadcast, AI-driven innovation, and more, plunged by 3.20 percent after the company reported September quarterly results with a 32.52 percent YOY net profit drop in Q2 FY26, and analysts giving sell ratings, with downside potential of up to 28.23 percent.
With a market capitalization of Rs. 33,682.52 crores, the share of Tata Elxsi Limited has reached an intraday low of Rs. 5,395 per equity share, down nearly 3.20 percent from its previous day’s close price of Rs. 5,573