{
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}
Tata Elxsi shows growth potential with target price of Rs 7901
Geojit Financial Services has given an "Accumulate" rating for Tata Elxsi, setting a target price of Rs 7,901. The company reported an 8% YoY growth in Q2FY25, driven by large deals in the transportation sector, despite challenges in Media & Communication and Healthcare segments. The EBITDA margin improved to 27.9%, and a significant $50 million deal was secured with a European automotive OEM, indicating strong potential for recovery in the second half of the year.
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United States Dollar Global Automotive OEM Tata Elxsi Limited IND
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10:23 06.11.2024
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