Tata Elxsi: Sentiments defy weak Q4 and bearish calls by brokerages

The outlook in Transport is clouded by tariff uncertainty. Tata Elxsi has very high exposure to JLR (subsidiary of Tata Motors), but this is now easing down

Tata Elxsi reported weak results for the fourth quarter of the financial year 2024-25 (FY25) and many analysts were also negative on the stock.

 

But the share surged by over 9 per cent post the results (announced on Thursday post market hours) to close at ₹5,344.55 on the BSE on Monday. This might be due to low expectations and potentially attractive valuations after a 30 per cent correction over the last 12 months.

 

There was a sequential revenue decline in large verticals, across regions and clients. However, the company announced a $100 million deal and a EUR50 million deal in