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Tata Elxsi shares rose on Wednesday after declining for five consecutive days. The stock gained 0.44 per cent to settle at Rs 5,952.30, up from Rs 5,926.25 the previous day. It traded 4.28 per cent higher from its one-year down of Rs 5,708.10 on December 26, 2022, at the closing level of Rs 5,952.30. Meanwhile, the stock has fallen 44.68% from its 52-week high of Rs 10,760.40 on August 17, last year.

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  1. HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS ECONOMIC Top Stories Himalayas Highlight the Negative Consequences of Unresolved Stress   Tata Group’s stock is decreasing 45% from its 52-week high    Home - Markets - Tata Group’s stock is decreasing 45% from its 52-week high    Search here ... Latest Update RECENT POPULAR COMMON  March 30, 2023 Govt Intends to Borrow Rs 8.88 lakh crore in the 1st half of FY24    March 30, 2023 Another Major Layoff by Unacademy    

  2.  March 30, 2023 Plutus receives $280,000 in funding from the Campus Fund and others   March 30, 2023 Tata Group’s stock is decreasing 45% from its 52-week high   Most Viewed  February 15, 2023 Adani Group equities are the Subject of This Week   January 31, 2023 IHC investment leads Adani Enterprises shares to boost by 5%   Markets  March 30, 2023 By Gurpreet Kaur  2 hours ago  0  7  3 minutes read  March 3, 2023 VCs’ fixation with start-ups’ topline, says CEO of Infosys Facebook Twitter           Tata Elxsi shares rose on Wednesday after declining for five consecutive days. The stock gained 0.44 per cent to settle at Rs 5,952.30, up from Rs 5,926.25 the previous day. It traded 4.28 per cent higher from its one-year down of Rs 5,708.10 on December  February 20, 2023

  3. Adani Enterprises Shares Must Increase by up to 410% to Reach their 52-week Highs 26, 2022, at the closing level of Rs 5,952.30. Meanwhile, the stock has fallen 44.68% from its 52-week high of Rs 10,760.40 on August 17, last year.   Tata Elxsi and Alps Alpine (a Japanese producer of electrical components and in-vehicle information systems) signed a long-term strategic partnership on Tuesday to develop a worldwide engineering centre at its Thiruvananthapuram facility. According to the corporation, the engineering centre will focus on software-led technology and engineering to support Alps Alpine’s goal of advancing mobility.    February 27, 2023 M-cap of the Adani Group falls below the Rs 7 lakh crore threshold  In terms of profitability, the design-led technology service provider recorded a 28.97% high in net profit to Rs 194.68 crore during the December 2022 quarter (Q3 FY23) compared to Rs 150.95 crore the previous year (Q3 FY22). In Q3 FY23, revenue from operations was Rs 817.74 crore.   Analysts believe the counter would find support at Rs 5,880, followed by Rs 5,800 and Rs 5,700.    January 17, 2023 Analyst Sayings   Shark Tank India 2 – Catching Big Fishes for National Start-Up Day   According to Osho Krishan, Senior Analyst – Derivative & Technical Research at Angel One, on the daily charts, Tata Elxsi is in a secular downturn and is trading below all of its major moving averages. The stock has dropped over 45 per cent from its all-time highs and is currently trading at a loss.    The immediate support is at Rs 5,800, with the swing low near Rs 5,700. There is now little indication of a reprieve from the sell-off, and it is projected to continue in the corrective phase. On the other hand, a sequence of resistance is located between Rs 6,400 and Rs 6,800-odd.   Most Reviews RECENT POPULAR COMMON As Per Ravi Singh, Vice President and Head of Research at Share India, the stock price has retreated in response to the rebound in benchmark indexes. With this pace, it might rise above Rs 6,050. Fresh purchasing may begin if the stock consolidates around Rs 6,100 for two to three days, with a goal of Rs 6,300 in the short term.    March 30, 2023 Govt Intends to Borrow Rs 8.88 lakh crore in the 1st half of FY24   GCL CEO Ravi Singhal stated, the company’s quarterly performance is solid, but the stock’s P/E ratio is too expensive. The average P/E ratio is 40, however, it is now trading at a P/E ratio of 55.    Therefore, they believe there will be one more round of correction. The share price might go as low as Rs 5,000. But, at such prices, it is a fantastic long-term investment bet. The company recommends accumulating about Rs 5,000 for a long-term aim of Rs 7,500 during the next year.    March 30, 2023 Another Major Layoff by Unacademy   

  4.  March 30, 2023 Tips2trades’ AR Ramachandran stated, on the daily charts, Tata Elxsi appears bearish but oversold, with firm resistance near Rs 6,030. In the short term, a daily close above this level might lead to goals of Rs 6,190-6,400. The support level will be Rs 5,880.   Plutus receives $280,000 in funding from the Campus Fund and others  The stock was trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving indicators. The 14-day relative strength index (RSI) for the stock was 33.75. A value less than 30 is considered oversold, while a value more than 70 is considered overbought. The stock of the corporation has a price-to-equity (P/E) ratio of 51.94.   Trendlyne statistics reveal that Tata Elxsi has an average goal price of Rs 7,483.60, implying a potential upside of 25.65%. The one- year beta of the stock is 0.83, indicating moderate volatility.   Tata Elxsi is a division of Tata Sons, the Tata Group’s parent company. It offers design and technology services in a variety of industries such as automotive, broadcast, communications, healthcare, and transportation.    Using design thinking and the use of digital technologies like IoT (Internet of Things), cloud, mobility, virtual reality, and artificial intelligence, the firm hopes to assist customers in reimagining their goods and services.    * Because of ‘Ram Navami,’ the domestic benchmarks would be closed on Thursday (March 30, 2023).   Newsletter You can share this post!           Subscribe to our mailing list to get the new updates!   Previous article Himalayas Highlight the Negative Consequences of Unresolved Stress   Next article  Plutus receives $280,000 in funding from the Campus Fund and others  Related Articles Subscribe our newsletter to stay updated MARKETS MARKETS MARKETS

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