Analysts split on Tata Elxsi after Q2 results
In short
19 analysts covering Tata Elxsi are split after Q2 results. Seven rate it a buy, three say hold and nine say sell. The consensus price targets imply only 2% upside.
This matters because the stock still has more sell calls than buy calls. The reporting does not say what in the Q2 results led to the cautious view.
What the reporting says
19 analysts covering Tata Elxsi were split after Q2 results, with seven buy calls, three holds and nine sells, according to a publisher-supplied summary. The coverage mix implies only 2% upside to consensus price targets. The reporting does not state the Q2 figures or what specifically drove the bearish view.
Why it matters
19 analysts covering Tata Elxsi after its Q2 results were split between buy, hold and sell calls, with nine sell recommendations versus seven buys and three holds. The publisher-supplied summary says consensus targets imply only 2% upside. This points to limited near-term enthusiasm for the Tata Group stock, but the reporting does not state the Q2 numbers or the reason for the bearish calls.