Tata Elxsi

Coal India, Tata Elxsi, Schaeffler and ELGI Equipments have witnessed a 'Death Cross' pattern on the daily chart; hence are likely to face downward pressure going ahead.

The rise in Tata Elxsi share price came after the company reported a healthy set of September quarter (Q2FY25) results.

Shares of the company closed 1.9% higher ahead of results on Thursday

Thus far in CY24, Voltas (up 81%), Tata Investment Corporation (53%), Tejas Networks (31%), Tata Power (35%), Nelco (20%),Tata Steel (18%) and Tata Communications (13%) have outperformed the Sensex.

Nelco hit a multi-year high of Rs 1,271.95, rallied 13 per cent on the BSE in Tuesday's intra-day trade, and zoomed 46 per cent in eight trading days

A total of 19 stocks have declined over 20% thus far in the calendar year 2024, even as the Sensex and Nifty have rallied up to 14%; here are the key levels to watch out on these 6 stocks.

According to analysts, Tata Elxsi's revenue growth was led by ramp-up of deals in the transportation vertical but was offset by softness in the media and communication

The uptick in share price came after Tata Elxsi announced that it has collaborated with Red Hat to boost telecom network monetisation

Except KPIT, which is continuing to benefit from tailwinds in the automotive sector and strategic partnerships with OEMs, most E&RD players saw either flat or declining margins on a sequential basis

Stocks to Watch on Wednesday, April 24, 2024: Axis Bank, Hindustan Unilever, LTIMindtree, The Indian Hotels Co., and AU Small Finance Bank are among the companies which will report Q4FY24 result today

Tata Elxsi, a provider of design-led technology services, on Tuesday reported a 2.2 per cent decline in net profit at Rs 196.93 crore in the fourth quarter ended in March. The company had posted a net profit of Rs 201.51 crore in the same period of the previous fiscal, Tata Elxsi said in a regulatory filing. Revenue from operations in the quarter under review stood at Rs 905.94 crore as against Rs 837.91 crore in the year-ago period, it added. The company said its total expenses were higher at Rs 677.21 crore compared to Rs 613.39 crore a year ago. For the fiscal ended March 31, 2024, the company's net profit was Rs 792.23 crore over Rs 755.19 crore reported in FY23, it said. In FY24, revenue from operations stood at Rs 3,552.14 crore from Rs 3,144.72 crore a year ago, the company said. The company's board has recommended a final dividend of 700 per cent, which is Rs 70 per equity share of par value of Rs 10 each, for the financial year ended March 31, 2024, subject to approval b

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The company's net profit rose to 2.06 billion rupees ($24.78 million) for the quarter ended Dec. 31 from 1.95 billion rupees a year ago

Automaker plans to have 10 EV models by 2026 including the upcoming Harrier EV and Punch EV: MD Shailesh Chandra

The company's net profit rose 14.8% year-on-year to Rs 200 cr ($24.03 million), while revenue from operations climbed to Rs 882 cr

Given the growing acceptance of hybrid and electric vehicles, the combined share of diesel and petrol vehicles has taken a hit and gone down by 8.27% and 4.64% in urban and rural markets, respectively

Centum Electronics and Paras Defence were the top gainers in Thursday's intra-day deals, zooming up to 20 per cent.

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

Tata Elxsi's collaboration with Cultos Global is aimed at creating an innovative Driver Reward Program