New Delhi, Oct. 10 -- Shares of Tata Elxsi, a mid-sized IT company, declined 3% on Friday, October 10, following a dip in the company's second-quarter net profit and revenue, along with bearish analyst views on the counter.

Tata Elxsi share price hit the day's low of Rs.5406.45 in the stock market today, down 2.99% against its last closing price of Rs.5573.15. As of 11.05 am, Tata Elxsi shares were trading 2.7% lower at Rs.5423.90.

The Tata group company posted a muted set of numbers for the July-September period of the financial year 2025-26 (FY26), with a 32.5% year-on-year (YoY) decrease in its net profit to Rs.154.8 crore.

It had reported a net profit of Rs.229.4 crore in the year-ago period, according to a regulatory filing.

Mean...