For the last 1 – 2 years the Tata Elxsi stock has been trading in a range near its all-time high. As of now, the stock is at a level where it can go up or go down but most probably the stock will go up side. If you invested in the stock then you should know the prediction of Tata Elxsi’s share price target for 2024, 2025, and 2026.
As Tata Elxsi is a good compnay and is involved in the multiple businesses that are shared below. According to the experts in the upcoming few years, Tata Elxsi can be a very big compnay. As we have already seen in the last 3 to 4 years the stock has given more than 1300% return.
Tata Elxsi is involved in multiple businesses from different sectors. The business model of the company is also good and very diversified. As a result, a lot of people also look at the stock as a multi-bagger stock. Let’s check if the stock can be a multi-bagger in the upcoming years or not based on the proper analysis.
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About Tata Elxsi
Tata Elxsi Company is a part of Tata Group. The company was founded in 1989 and the current managing director of the Tata Elxsi company is Mr. Manoj Raghavan.
Tata Elxsi is involved in multiple industries like Automotive, semiconductor, rail, broadcast & media, communications, health care, appliances, consumer electronics, and many more.
Tata Elxsi also provides many services and products to different industries. Not only this the company is also working on future technologies like AI, robotics, visual and extended reality, and many more. To know in detail about all the business of Tata Elxsi company, you can visit their official website for the latest news and updates.
Company Fundamentals
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of the company among all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, it is highly recommended to do a fundamental analysis by yourself of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the Tata Elxsi company were last updated on 19 Feb 2024. Check the latest fundamentals data on any screener.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹290 |
| March 2020 | ₹256 |
| March 2021 | ₹268 |
| March 2022 | ₹550 |
| March 2023 | ₹755 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹195 |
| Mar 2023 | ₹202 |
| Jun 2023 | ₹189 |
| Sep 2023 | ₹200 |
| Dec 2023 | ₹206 |
Company Fundamentals
| Market Cap | ₹46,771Cr | ROE | 37.46% |
| P/E Ratio (TTM) | 58.68 | EPS (TTM) | 127.98 |
| P/B Ratio | 22.31 | Div Yield | 0.81% |
| Industry P/E | 36.99 | Book Value | 336.62 |
| Debt to Equity | 0.11 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 14.22% | 13.80% | 15.02% |
| DIIs | 4.08% | 4.80% | 5.71% |
| Public | 37.77% | 37.46% | 35.34% |
| Promoters | 43.92% | 43.92% | 43.92% |
| Other Holders | 0.0% | 0.0% | 0.0% |
Key Points
- Tata Elxsi has a Debt of Rs. 0 Crore, which is good for the company so, it can use the profit to expand the business.
- Tata Elxsi company has cash of Rs. 1,191 Crore.
- The PE of the Tata Elxsi is very high which indicates the company is overvalued but still going up because of the business model and the strength to go up.
- Tata Elsxi has given approx 40% profit growth over the last 3 years.
- The operating margin of the company is very good i.e. at 30.53%.
Quarterly Results
Tata Elxsi made a net profit of Rs. 206 Crore in the Dec 2023 quarter. The net profit is slightly higher than its previous quarter.
Thumb Rules for Investing
Investment rules play a major role in the life of an Investor to invest in the right stock, book profit at the right time, buy at the right time, sell at the right time, and many more… In a few words, it plays a major role in reducing risk in the stock market and maximizing profit.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge, you should follow the rules to strengthen your self-psychology.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh and invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 sector stocks. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock is available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Tata Elxsi Share Price Target
The fundamentals and the business model of the Tata Elxsi company are very strong and have a huge potential to get a massive return in the next few years. The Tata Elxsi share price target can be very huge for the next few years based on the current data and the analysis.
There is no doubt that the company is fundamentally very strong as of now and in the future it will be more strong. A few projects and industries like AI, semiconductors, robotics, etc can make the company stronger. As there is a huge demand for the semiconductor chip.
Disclaimer: We are not SEBI registered and the below-given share target price by brokerage firms, analysts (share price forecast), and analysis by us is only for educational purposes, not any buying or selling recommendation. We will be not responsible for any profit and loss.
Tata Elxsi share price target 2024
As of now, Tata Elxsi is very bullish and according to many analysts in the upcoming months, the Tata Elxsi stock can create a new all-time high. According to the Technical analysis if the stock crosses Rs. 9250 then there are high chance it can make a new all-time high or near its all-time high.
The good thing about the current situation of the Indian stock market is very bullish and most probably in the upcoming months Indian stock market can also give good profits.
So, if the stock market goes up then there are very high chance that the Tata Elxsi stock and mostly other good stocks will go up and give more returns.
Tata Elxsi share price target 2025
Tata Elxsi is also involved in the IT sector and most probably in the next 1 to 2 years, we can see high growth in the IT sector. In the current situation most tech companies are focusing on cost-cutting as a result they are taking many steps that affect the IT services-based companies.
In 2024, major IT companies are very bullish and continuously going up. Some IT companies like TCS and Infosys are about to create a new all-time high very soon.
Tata Elxsi share price target 2026
For the long term, a lot of analysis are bearish on the stock. Because the stock is trading at a very high premium at this time and still the stock is very bullish.
On the other side, if you are planning to invest in the stock then always remember it is trading at a very high premium and analysts are bearish on the stock.
In case, you are planning to invest in Tata Elxsi then make sure that the stock is trading at a very high premium, so buying the stocks in bilk can be very risky.
FAQs
As of now, Tata Elxsi is fundamentally stronger and it is working on many businesses where a huge opportunity is available. The future of the industry in which the company is working is also bright. In short, in SIP mode for the long term investing in the stock is good to get a massive return.
The target of the long term depends on many things like news, earnings and quarry results, price action, and fundamentals. According to the current data, the target price for the stock in 2025 is very high. It may create a new all-time high in 2025 or near 2025.
Tata Elexi is involved in many industries and provides them with services. It is also involved in semiconductors, we know how semiconductor is important for the whole world.
So, there is no doubt the stock is good for long-term investing.
Final Words: No doubt the stock can give a massive return in the future if invested with the proper strategy. Tata Elxsi’s share price target is easy to achieve because the stock is fundamentally very strong and the future of the industry in which it is working is also highly demanding. Track news and updates related to the stock regularly in case you invest for the long term.