Tata Elxsi vs Tata Technologies: Tata Technologies and Tata Elxsi have seen sharp upside over the past five trading sessions which also coincide with the announcement of their second quarter result for the financial year 2026-27. While Tata Elxsi reported double digit growth in profit, Tata Technologies saw 4% uptick.
Tata Elxsi share price has surged nearly 22.8% in one week, whereas Tata Technologies stock has jumped nearly 6.36% in the duration.
Tata Elxsi's net profit increased by 10% on an annual basis to ₹170.30 crore in Q2FY27, supported by key verticals. Its net profit stood at ₹154.82 crore in the same quarter of the preceding fiscal. Its revenue from operations increased by 14.98% YoY to ₹1,055.66 crore in Q2 FY27, compared to ₹918.10 crore in Q2 FY26.
Tata Technologies reported a 3.6% annual surge in consolidated net profit for the quarter ending in September. The company's net profit increased to ₹171.44 crore driven by robust revenue growth and demand from automotive clients. Its net profit stood at ₹165.5 crore in the year-ago period. Its revenue from operations increased to ₹1,698.8 crore from ₹1,323.33 crore in July-September FY26.
PL Capital increased its target price for both the Tata Group companies, however, it maintained ‘Reduce’ rating for Tata Technologies and ‘Accumulate’ for Tata Elxsi.