📰 ET Stocks 🟢 BULLISH 🕒 14 Oct 2026, 09:34 AM IST

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

⚡ Instant Key Takeaways (TL;DR)

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

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Market & Financial Impact: 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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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Tata Elxsi shares surged after Q2 results, but brokerages remain cautious.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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

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