I recently looked into the latest financial reports and industry insights. I felt excited about Tata Elxsi’s future. This leading global design and technology services company has been making waves with its innovative solutions.
The company’s share price shows its strong performance. With the latest updates, it’s clear Tata Elxsi is ready to keep growing.
Tata Elxsi Share Price and Update 2024 Key Takeaways
- Tata Elxsi’s share price stands at Rs 7,815.85, with a 2.65% change.
- The company’s market capitalization is approximately Rs 48,676.81 crores.
- Tata Elxsi’s trailing twelve months price to earnings ratio (TTM PE) is 61.80.
- The price-to-book ratio (P/B) for Tata Elxsi is at 19.43.
- Tata Elxsi shows a return on equity (ROE) at 31.61%.
Company Overview: Tata Elxsi Ltd.
Tata Elxsi is a part of the famous Tata Group. It’s a tech firm from India, started in 1989. It offers top-notch design, engineering, and tech services. Based in Bengaluru, Karnataka, it has offices worldwide.
About Tata Elxsi Share Price
Tata Elxsi is a tech services provider with many offerings. It does product design, software development, and system integration. It’s big in the automotive sector, helping with electric vehicles, connected cars, and self-driving tech.
Key Services and Industries Served
Tata Elxsi also works in healthcare, media, and transportation. It gives unique solutions for each field. Its skills include design, engineering, software, and integration, meeting the needs of these industries.
| Industry | Key Services Offered |
|---|---|
| Automotive | Electric vehicle design Connected vehicle solutions Autonomous driving technology |
| Healthcare | Medical device design Healthcare IT solutions Telemedicine platforms |
| Media and Communications | Content delivery networks OTT platform development Broadcast technology solutions |
| Transportation | Transportation management systems Intelligent transportation solutions Logistics automation |
Tata Elxsi offers a wide range of services. It knows many industries well. This makes it a reliable partner for companies looking to grow and change with new tech.
Tata Elxsi Share Price Performance
Tata Elxsi is a top name in tech services, catching the eye of many investors. Its steady financial growth and potential for more have made it popular. On October 10, 2024, its share price was ₹7,806.5, with a market cap of about ₹48,619 crores.
Current Share Price and Market Cap
The company’s share price has been rising, showing its strong position in the market. It’s part of the BSE 200 and CNX MIDCAP 200, marking its importance in tech.
Its market cap of ₹48,619 crores shows its high value in the stock market. People are interested in Tata Elxsi because of its solid growth and entry into new markets and tech.
Historical Share Price Trends
Tata Elxsi’s share price has had its ups and downs in recent years. Over three years, it has given a 22.19% return, beating the Nifty 100’s 43.63% return.
But, the stock has also seen short-term swings, with a 1-month return of -0.36%. These changes are due to many factors, like the economy, industry trends, and how investors feel.
Despite the ups and downs, Tata Elxsi has shown strong long-term performance. It’s seen as a resilient and growing company for the future.
“Tata Elxsi’s consistent financial performance and growth potential have made it a standout player in the technology services industry, attracting the attention of savvy investors.”
Financial Highlights
Tata Elxsi is a top engineering and design company known for its strong finances. It has seen a 25.06% growth in revenue over three years. This shows its ability to grow its revenue well. Also, its net profit margin hit 22.30% last year, showing it’s profitable and runs smoothly.
Revenue and Profitability
The company’s earnings per share (EPS) hit Rs 127.21. This shows it can make a lot of money for its shareholders. It proves Tata Elxsi’s solid financial performance and its commitment to making investors happy.
| Financial Metric | Value |
|---|---|
| Revenue CAGR (3-year) | 25.06% |
| Net Profit Margin | 22.30% |
| Earnings Per Share (EPS) | Rs 127.21 |
“Tata Elxsi’s consistent financial performance, marked by robust revenue growth and impressive profitability, positions the company as a formidable player in the industry.”
Competitive Landscape
The technology services industry is very competitive. Both global and domestic players are present. Tata Elxsi stands out as a leading provider of design and engineering services. It uses its technological expertise and diverse services to meet the changing needs of its clients.
Tata Elxsi’s main competitors include:
- TCS (Tata Consultancy Services)
- Infosys
- Wipro
- HCL Technologies
- Tech Mahindra
These competitors have strong technological capabilities and a big market presence. They compete with Tata Elxsi for projects and talent. Yet, Tata Elxsi has kept its market share and reputation as a top industry leader in design and engineering services.
| Key Metrics | Tata Elxsi | TCS | Infosys | Wipro | HCL Tech | Tech Mahindra |
|---|---|---|---|---|---|---|
| Revenue (in ₹ Cr) | 958.54 | 58,452 | 32,383 | 32,115 | 24,593 | 17,106 |
| Net Profit (in ₹ Cr) | 184.08 | 14,894 | 5,360 | 2,929 | 4,106 | 1,762 |
| Market Cap (in ₹ Cr) | 47,402 | 1,114,980 | 451,690 | 296,580 | 249,440 | 102,470 |
The table shows Tata Elxsi’s position in the Indian IT services industry. It may not have the scale or technological capabilities of giants like TCS and Infosys. But it has a strong niche in design and engineering services, serving clients in various sectors.
Tata Elxsi Share Price and Update 2024
Looking ahead to 2024, analysts predict Tata Elxsi’s share price to be between Rs 6,420 and Rs 8,760. This is due to the increasing need for tech solutions and the company’s solid market position. The share price is expected to swing throughout the year, with support and resistance levels based on past prices and technical signs.
Tata Elxsi Ltd.’s share price went up by 0.56% to Rs 7,592.5 by 12:02 PM on Wednesday. The stock’s return on equity (ROE) was 31.61%. The trading volume was Rs 4.01 crore at 12:02 PM.
Tata Elxsi’s financials show consolidated sales of Rs 958.54 crore for the quarter ending June 30, 2024. This is a 2.01% increase from the last quarter and a 9.86% rise from the year before. Yet, the net profit after tax for the latest quarter was Rs 184.08 crore, down 2.53% from the same period last year.
| Metric | Value |
|---|---|
| 52-week High | Rs 9,191.1 |
| 52-week Low | Rs 6,406.6 |
| Promoter Holding | 43.92% |
| Foreign Institutional Investors Holding | 13.67% |
| Domestic Institutional Investors Holding | 1.11% |
| Beta | 1.02 |
| MACD Trend | Bearish |
The MACD indicator shows a bearish trend for Tata Elxsi, hinting at possible trend changes. Investors should watch these closely.
As markets and investments change, the share price forecast, stock price targets, and overall investment outlook for Tata Elxsi will be shaped by market trends and industry shifts. It’s crucial for investors to stay updated and do thorough research before investing.
Growth Drivers and Opportunities
Tata Elxsi’s growth is driven by new tech like artificial intelligence, Internet of Things, and cloud computing. These technologies are becoming key in many industries. The company’s skills in these areas make it ready to meet the growing need for digital transformation services.
Technological Advancements
Tata Elxsi invests in the latest tech and has strong R&D. This lets the company offer new solutions that meet client needs. With its tech skills, Tata Elxsi helps businesses with digital transformation and navigating the digital world.
Expansion into New Markets
Tata Elxsi plans to grow in international markets and enter new industry verticals like healthcare and media. It aims to find new ways to make money and become a top tech services provider.
The company’s ability to keep up with market changes and its focus on innovation are key to its success. This makes it a top choice for businesses looking to go digital.
“Tata Elxsi’s expertise in emerging technologies and its ability to provide end-to-end solutions position it well to capitalize on the rising demand for digital transformation services.”
Risks and Challenges
Tata Elxsi, a top tech services provider, has shown strong growth and market success. Yet, like others, it faces risks and challenges that investors need to think about.
Economic Uncertainties
The tech sector is very sensitive to market volatility and global economic conditions. Changes in the market, world politics, and big economic issues can really affect Tata Elxsi’s money-making and stock price. It’s important for investors to watch these economic uncertainties and how they might impact the company.
Also, industry regulations and new rules can be tough for Tata Elxsi. These changes can make it hard for the company to do projects and stay ahead. It’s key for Tata Elxsi to keep up with these changing rules to stay strong in the long run.
- Exposure to market volatility and global economic conditions
- Compliance with industry regulations and evolving compliance requirements
- Execution of large-scale projects and mitigating operational risks
Tata Elxsi might also face operational risks when working on big projects. This could hurt its money-making and value for shareholders. The company needs to manage risks well and work efficiently to overcome these challenges and stay competitive in the tech services world.
“Successful companies are those that are able to adapt to the changing market conditions and regulatory environment, and Tata Elxsi must continue to demonstrate its agility and resilience in the face of these risks and challenges.”
Analyst Recommendations
Analysts say to sell Tata Elxsi stock with a price range of Rs 6,435 to Rs 6,710. They point out market saturation, growing competition, and economic risks. These are reasons for their cautious view.
Investors should do their own research and think about their risk level before investing. Analysts’ stock tips and price targets are just suggestions, not hard rules.
Let’s examine recent analyst advice and price targets for Tata Elxsi:
- Consensus Share Price Target on 10th Oct 2024: Rs 7,804.00 with an actual price of Rs 6,792.75 (-12.96%)
- KRChoksey’s Target on 12th Jul 2024: Rs 7,804.00 with achieved target at Rs 7,065.55 (10.45%)
- Geojit BNP Paribas’ Target on 04th May 2024: Rs 7,804.00 with achieved target at Rs 7,111.75 (9.73%)
- KRChoksey’s Target on 25th Apr 2024: Rs 7,804.00 with achieved target at Rs 7,093.90 (10.01%)
Analyst advice and price targets have varied, with some hitting their marks and others missing. Investors should consider these views alongside their own research and risk comfort before investing.
“Tata Elxsi’s shares closed 1.05% higher at Rs 7,629.75 on NSE.”
Remember, analyst tips and price targets don’t promise future success. It’s key to stay updated, diversify, and manage risks to meet your financial goals.
Investment Strategies
For long-term investors, Tata Elxsi could be a good choice. It has strong tech, diverse services, and focuses on growing markets. But, it’s key to watch the company’s performance and market trends. This helps make smart investment choices.
Spreading out investments and using good risk management can also help. This can reduce the ups and downs of Tata Elxsi stock.
Long-term Investment Outlook
Tata Elxsi looks promising for long-term investors. It has a track record of growth and value creation. Its financial health, innovation, and global reach suggest it could be a good fit for long-term investment potential and portfolio diversification.
Still, investors need to check Tata Elxsi’s growth prospects and risk management. This ensures it fits their investment goals and risk level. Keeping an eye on the company’s finances, market standing, and industry trends is crucial.
| Year | Share Price Target Range |
|---|---|
| 2024 | ₹6,420 – ₹8,760 |
| 2025 | ₹8,500 – ₹10,600 |
| 2030 | ₹16,021 – ₹18,300 |
| 2040 | ₹40,000 – ₹50,000 |
| 2050 | ₹80,000 – ₹100,000 |
The table shows Tata Elxsi’s share price targets for the future. It highlights the potential for long-term investment potential and growth prospects. Investors should review these predictions and match them with their investment plans and risk comfort.
“Tata Elxsi’s strong technological capabilities, diversified service offerings, and focus on high-growth industries make it an attractive long-term investment option for investors seeking portfolio diversification and risk management.”
Corporate Governance and Management
Tata Elxsi is led by a seasoned team, including Chairman N G Subramaniam and Managing Director & CEO Manoj Raghavan. The company is known for its strong corporate governance and commitment to sustainability. This has made it a respected corporate citizen.
Investors should look at Tata Elxsi’s board of directors and its adherence to best practices. This is important for evaluating the company’s future.
Tata Elxsi’s executive leadership has a track record of driving innovation and growth. The company focuses on corporate social responsibility like environmental stewardship and community development. This shows its commitment to sustainable development.
This approach has earned Tata Elxsi the trust of investors and stakeholders. It’s a key factor in the company’s success.
When looking at investment options, consider Tata Elxsi’s management and corporate governance principles. These factors can greatly impact the company’s future and your potential returns.
FAQ of Tata Elxsi Share Price
Q: What is Tata Elxsi’s current share price and market capitalization?
A: As of October 10, 2024, Tata Elxsi’s share price is Rs 7,812.70. The company’s market capitalization is around Rs 48,676.81 crores.
Q: How has Tata Elxsi’s share price performed over the last month and 3 years?
A: In the last month, Tata Elxsi’s share price fell by 0.48%. Over 3 years, the stock has grown by 22.19%. This is less than the Nifty 100 index’s 43.63% return.
Q: What are Tata Elxsi’s key services and the industries it serves?
A: Tata Elxsi is a global leader in design and technology services. It offers solutions from start to finish. Its services include system integration, software development, and engineering design.
It serves industries like transportation, healthcare, media, and communications.
Q: What is Tata Elxsi’s financial performance, in terms of revenue growth and profitability?
A: Tata Elxsi has shown strong financial growth. Its 3-year revenue CAGR is 25.06%. The net profit margin in the latest fiscal year was 22.30%.
The company’s earnings per share (EPS) was Rs 127.21.
Q: What are the key growth drivers and opportunities for Tata Elxsi?
A: Advanced technologies like AI, IoT, and cloud computing are boosting Tata Elxsi’s growth. The company’s expertise in these areas makes it a strong player in digital transformation.
Q: What are the risks and challenges facing Tata Elxsi?
A: Tata Elxsi faces risks like market volatility and global economic changes. It also deals with evolving regulations and operational challenges in large projects.
Q: What are the current analyst recommendations for Tata Elxsi’s stock?
A: Analysts recommend selling Tata Elxsi stock with a target price of Rs 6,435 to Rs 6,710. They worry about market saturation, competition, and economic risks.
Q: What are the key aspects of Tata Elxsi’s corporate governance and management?
A: Tata Elxsi is led by a seasoned team, including Chairman N G Subramaniam and Managing Director & CEO Manoj Raghavan. The company is known for its strong governance and commitment to sustainability.
