- Tata Elxsi’s 2Q net income reached 2.29 billion rupees, surpassing market expectations of 2 billion rupees and reflecting a 15% year-over-year increase.
- The company’s revenue for the quarter was 9.55 billion rupees, an 8.3% rise from the previous year, and slightly above the estimated 9.47 billion rupees.
- Total costs rose to 7.21 billion rupees, marking an 11% increase compared to the same period last year.
- Current stock assessments include 2 buys, 1 hold, and 10 sell recommendations.
A look at Tata Elxsi Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts predict a bright future for Tata Elxsi Ltd based on its Smartkarma Smart Scores. With a strong Resilience score of 5, the company is well-positioned to weather market uncertainties and economic fluctuations. Furthermore, both the Growth and Momentum scores are impressive at 4, indicating solid potential for expansion and positive market performance. Investors can also take comfort in the high Dividend score of 4, suggesting that the company rewards its shareholders with consistent payouts. Although the Value score is moderate at 2, the overall outlook for Tata Elxsi Ltd appears promising, especially given its diverse range of offerings.
Tata Elxsi Limited, a company involved in manufacturing computers and workstations, along with providing system design, software development, and integration services, boasts an extensive client base across various industries. Its products cater to sectors such as automotive, metals, consumer products, finance, IT & Communications, energy, chemicals, engineering, pharmaceuticals, entertainment, and agro industries. The company’s Smartkarma Smart Scores reflect its robust fundamentals and growth potential, making it an attractive prospect for investors seeking a balance of stability, growth, and dividends in their portfolio.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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