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Tata Elxsi shares slip 5% after Q1 FY24 results; should you buy, sell or hold?

Tata Elxsi share price: The company's profit rose marginally by 2.20 per cent year-on-year (YoY) to Rs 189 crore in the quarter ended on June 30, while revenue from operations climbed 17.10 per cent to Rs 850 crore. Tata Elxsi said some of its deal closures were delayed in Q1 FY24.
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This Tata Group stock down 45% from its 52-week high; should you buy, sell or hold?

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. ....

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Tata Elxsi partners with Japan's Alps Alpine to set up global engineering center; stock extends fall

Tata Elxsi share price: The counter's 14-day relative strength index (RSI) came at 30.04. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 51.99.
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Tata Elxsi shares fall for second straight session post Q2 earnings

Shares of Tata Elxsi extended losses for the second session today after the firm announced earnings for the quarter ended September 2022. Revenue came below market expectations and some analysts were also of the view that the stock was overvalued. The Tata Group stock slipped 7.42 per cent intraday to Rs 7,201 against the previous close of Rs 7,778.35 on BSE. Tata Elxsi stock has lost 15 per cent or Rs 1,254.85 in the last two sessions, considering today's intraday low of Rs 7,778.35 against the close of Rs 7,201 on October 14.  ....

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