Tata Elxsi shares jumped 7% after quarterly revenue rose 15% and net profit increased 10% year-on-year. Sequential constant-currency growth beat expectations. Motilal Oswal retained its Sell rating, citing risks to sustained growth and margin recovery.
Tata Elxsi shares jumped 7% after quarterly revenue rose 15% and net profit increased 10% year-on-year. Sequential constant-currency growth beat expectations. Motilal Oswal retained its Sell rating, citing risks to sustained growth and margin recovery.
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