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JPMorgan retains its ‘Neutral’ rating on Tata Elxsi, with a price target of Rs 3,200, implying a potential downside of 6.6 per cent
Tata Elxsi vs Tata Technologies after Q2 FY27: profit, revenue, EBIT margin, share price moves and brokerage target price views compared, with the risks for each stock.
Tata Elxsi reported Q1 FY27 revenue of ₹1,021.1 crore, a 14.5% YoY increase, crossing the ₹1,000 crore milestone. Net profit grew 18.2% YoY to ₹170.6 crore, while EBITDA margin dipped to 21.2% due to deal transition costs and onsite investments. Brokerages JPMorgan and Kotak Institutional Equities maintained Neutral…