Tata Elxsi is expected to report healthy growth in revenue and EBITDA on a year-on-year (YoY) basis, but EBIT margins are likely to contract up to 240 basis points (bps) on a yearly comparison.
Tata Elxsi Share Price: Find the latest news on Tata Elxsi Stock Price. Get all the information on Tata Elxsi with historic price charts for NSE / BSE. Experts & Broker view also get the Tata Elxsi Ltd. buy/sell tips detailed news, announcements, Forecasts, Analysts, Valuation, Earning forecasts, Estimates, Recommendations, Analysts Ratings, financial report, company information, annual report, balance sheet, profit & loss account, results and more.
Tata Motors, on larger degree chart, has confirmed a range breakout from the previous swing high of Rs 460. The stock also managed to breakout from the major falling trend line.
KPIT Tech has witnessed a steep fall from the Rs 940 level. The negative bias has weakened the trend and the near-term support for the stock stands at Rs 730 level.
Tata Group stock: At today's closing level of Rs 5,952.30, it traded 4.28 per cent higher from its one-year low of Rs 5,708.10, hit on December 26, 2022. That said, the scrip has slumped 44.68 per cent from its 52-week high of Rs 10,760.40, a level seen on August 17 last year.