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Tata Elxsi shares jump 7% after Q2 results, but Morgan Stanley, Motilal Oswal reiterate bearish calls

Tata Elxsi Share Price: Tata Elxsi shares rallied up to 7% after the company reported 10% year-on-year profit growth and 15% revenue growth in the September quarter. Morgan Stanley, Motilal Oswal and JM Financial maintained cautious ratings, citing valuations, European automotive weakness and a gradual deal ramp-up.

Published Oct 14, 2026 · 3:00 AMOriginal source: Economic Times1 reads
Tata Elxsi Share Price: Tata Elxsi shares rallied up to 7% after the company reported 10% year-on-year profit growth and 15% revenue growth in the September quarter. Morgan Stanley, Motilal Oswal and JM Financial maintained cautious ratings, citing valuations, European automotive weakness and a gradual deal ramp-up.
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Economic Times

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