Tata Elxsi Limited (NSE:TATAELXSI) Just Reported, And Analysts Assigned A ₹5,235 Price Target

It’s been a good week for Tata Elxsi Limited (NSE:TATAELXSI) shareholders, because the company has just released its latest yearly results, and the shares gained 3.1% to ₹4,901. Revenues of ₹37b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at ₹126, missing estimates by 3.0%. Earnings are an important time for investors, as they can track a company’s performance, look at what the analysts are forecasting for next year, and see if there’s been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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