Tata Elxsi analysts remain wary on rich valuations, muted demand worries; Stock in focus

JPMorgan maintained an "Underweight" rating on Tata Elxsi with a price target of ₹4,000, noting that while the September print beat revenue expectations, margins came in below estimates.

Oct 10, 2025 - 07:00
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Tata Elxsi analysts remain wary on rich valuations, muted demand worries; Stock in focus
JPMorgan maintained an "Underweight" rating on Tata Elxsi with a price target of ₹4,000, noting that while the September print beat revenue expectations, margins came in below estimates.

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