Tata Elxsi Stock From 52-Week Low to Q2 Recovery: 4 Numbers That Could Decide What Comes Next
India, Oct. 17 -- Tata Elxsi's stock has had a difficult year, falling to a 52-week low of Rs2,996 before making a sharp recovery after its September-quarter results. The company has now reported another quarter of double-digit revenue growth, while operating margins also improved. However, the bottom line has not moved at the same pace. Here is what the latest numbers tell us about the recovery.
Tata Elxsi is part of the Tata Group and provides design, engineering and technology services across transportation, media and communications, and healthcare. Its work includes automotive software, connected products, digital platforms and product development.
Shares of Tata Elxsi closed at Rs3,845 on the BSE, up 4.06% from the previous close ...
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