INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Tata Elxsi Ltd
with a target price of Rs 1,000
The current market price of Tata Elxsi Ltd
Time period given by the analyst is Intra Day when Tata Elxsi Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 925
Tata Elxsi Ltd., incorporated in 1989, is a midcap company with a market cap of Rs
5921.24 crore.
Tata Elxsi Ltd
key Products/Revenue Segments include Software Development Charges which contributed Rs 1361.33 Crore to Sales Value (98.19 % of Total
Sales) and Traded Goods which contributed Rs 24.96 Crore to Sales Value (1.80 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 407.01 Crore, up 1.05 % from last quarter Sales of Rs
402.78 Crore and up 17.79 % from last year same quarter Sales of Rs 345.54 Crore Company has reported net profit after tax of Rs 65.99 Crore
Gopinath, Prof.M S Ananth
LLP as its auditoRs As on 31-12-2018, the company has a total of 62,276,440 shares outstanding.
