Tata Elexi is approx down 33% from its all-time high. As of now, the stock is still going down and in the higher timeframe, the stock is looking bearish. As the business model of the company is good and involved in multiple businesses too. Let’s find the Tata Elxsi share price target 2023, 2024, and 2025.
From August 2021 to August 2022 the stock has given massive returns of approx 900% return. 900% return in just 1 year is an unexpected return and anyone can not predict this type of massive return in just 1 year. There are only limited stocks that give a massive return in very less time.
Tata Elxsi is involved in multiple businesses from different sectors. The business model o the company is also good. As a result, a lot of people also looking 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 company among the 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 17 August 2023. Check the latest information on any broker website or screener.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 1,640.39 |
| March 2020 | 1,668.27 |
| March 2021 | 1,865.92 |
| March 2022 | 2,515.33 |
| March 2023 | 3,218.53 |
Quarterly Results (Last 5 Quarters)
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 725.89 |
| Sep 2022 | 763.17 |
| Dec 2022 | 817.74 |
| Mar 2023 | 837.92 |
| Jun 2023 | 850.27 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 44,092.97 Cr |
| ENTERPRISE VALUE | Rs. 42,901.41 Cr. |
| NO. OF SHARES | 6.23 Cr. |
| P/E | 58.07 |
| P/B | 19.38 |
| FACE VALUE | Rs. 10 |
| DIV. YIELD | 0.86 % |
| BOOK VALUE (TTM) | Rs. 365.25 |
| CASH | Rs. 1,191.55 Cr. |
| DEBT | Rs. 0 Cr. |
| EPS (TTM) | Rs. 121.93 |
| SALES GROWTH | 27.28 % |
| ROE | 40.97 % |
| ROCE | 51.80 % |
| PROFIT GROWTH | 37.39 % |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 14.22 % |
| DII | 4.08 % |
| Public | 37.78 % |
| Promoters | 43.92 % |
| Other Holders | 0.0% |
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
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 make your self psychology strong.
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 the 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 stocks of a sector. When any sector will face problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they did 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 more strong. As there is a huge demand for the semiconductor chip.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Tata Elxsi share price target 2023
Currently Tata Elxsi stock is looking bearish in the monthly chart but there are a few support from where the Tata Elxsi stock can be bullish. In case, if the stock breaks the resistance then we can see a downfall in the stock.
In the below chart, we shared a few major levels of the Tata Elxsi stock. According to the current price actions, it should respect the levels.
In 2023, the share price target of Tata Elxsi stocks looks bearish. in case, it breaks the support of Rs. 6,701 then we can see a downfall for the short term.
If you are investing in the stock then it can be a good level to buy the stock for the long term i.e. 5 – 10 years. Do your own analysis before investing based on the post.
Tata Elxsi share price target 2024
As you can see in the Tata Elxsi chart, there are major support and resistance too. In these types of situations, the stock can break anywhere. It may also form any price action which can help you to know which side can the stock go.
In case, the stock does not break the support and hit the resistance multiple times then it can be a sign of an upside move in the stock. It is very important to break the resistance and substance above the resistance for a few days.
If there is no bad news related to stocks and the market then most probably we can see an upside move in the stock in 2024. It also depends on the quarterly results of Tata Elxsi. In 2024, the share price target of the stock can be near Rs. 8600.
Tata Elxsi share price target 2025
In case the Tata Elxsi target 2024 is not achieved then it can be achieved in 2025. It can happen because the stock is already given a good move in the last few years. So, it may spend some time at the levels.
In case, the 2024 target is achieved then we can also see a new upside move in the stock. There is resistance in the Tata Elxsi stock at Rs. 9270 near the all-time high. If the resistance is broken and all the news and quarterly results are positive then we can see a new all-time high in 2025 – 2027.
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, earning 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 are investing for the long term.