5 stories mentioning BOM:500408Updated 71d ago
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Tata Elxsi (NSE:TATAELXSI, BOM:500408) has an average rating of underweight and mean price target of 3,895.88 Indian rupees, according to analysts polled by FactSet.
Design and technology services provider Tata Elxsi (NSE:TATAELXSI, BOM:500408) appointed Nalin Rana as chief financial officer and key managerial personnel of the company, with effect from May 30, according to a Monday filing to the Indian stock exchanges.Rana, who joined the Tata Group in 2021, serves as a senior leader in the group CFO and group strategy office of Tata Sons and a board member at Tata Teleservices and Tata Teleservices (Maharashtra).He will take over from Gaurav Bajaj, who resigned as CFO, effective May 29, to pursue opportunities outside the organization.The company's shares were up nearly 1% in recent trade.
Tata Elxsi (NSE:TATAELXSI, BOM:500408) has an average rating of underweight and mean price target of 4,424.56 Indian rupees, according to analysts polled by FactSet.
Tata Elxsi (NSE:TATAELXSI, BOM:500408) has an average rating of underweight and mean price target of 4,424.56 Indian rupees, according to analysts polled by FactSet.
Tata Elxsi's (NSE:TATAELXSI, BOM:500408) net profit rose to 1.55 billion Indian rupees in the fiscal fourth quarter ended March 31 from 1.72 billion rupees a year ago.Earnings per share came in at 35.37 rupees from 27.68 rupees a year earlier, according to a Tuesday filing to the stock exchanges by the design and technology services provider. The EPS was higher than the 30.65 rupees estimated by the analysts polled by Visible AlphaRevenue from operations in fiscal Q4 also increased to 10.4 billion rupees from 9.51 billion rupees a year ago. This was also higher than Visible Alpha's estimate of 9.53 billion rupees.The company's board also recommended a dividend of 75 rupees per equity share of 10 rupees each for the financial year ended March 31.
