ET Markets
12,129.5073.7
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy Tata Elxsi, price target Rs 886: Kunal Bothra

The analyst suggested a stoploss at Rs 818.

ETMarkets.com|
Last Updated: Dec 05, 2019, 12.00 PM IST|Original: Dec 05, 2019, 11.44 AM IST
0Comments
ThinkStock Photos
Buy-sale5
Tata Elxsi Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 5026.64 Crore) operating in IT Software sector.
Kunal Bothra of Independent Analyst has a buy call on Tata Elxsi Ltd. with a target price of Rs 886.0 . The current price of Tata Elxsi Ltd. is Rs 838.35 . Kunal Bothra recommended to keep a stoploss at Rs 818 .

Tata Elxsi Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 5026.64 Crore) operating in IT Software sector.

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 30-09-2019, the company has reported a Standalone sales of Rs 385.83 Crore, up 6.67 % from last quarter Sales of Rs 361.71 Crore and down -4.21 % from last year same quarter Sales of Rs 402.78 Crore Company has reported net profit after tax of Rs 49.81 Crore in latest quarter.

The company’s top management includes Mr.Ankur Verma, Mr.N Ganapathy Subramaniam, Mr.Sudhakar Rao, Mrs.S Gopinath, Prof.M S Ananth. Company has BSR & Co. LLP as its auditoRs As on 30-09-2019, the company has a total of 62,276,440 shares outstanding.

Also Read

Sell Biocon, target Rs 270: Kunal Bothra

Buy NMDC, target Rs 120: Kunal Bothra

Buy Lupin, target Rs 777: Kunal Bothra

Buy Lupin, target Rs 782: Kunal Bothra

Buy Tata Steel, price target Rs 470: Kunal Bothra

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service