Buy Tata Elxsi, target Rs 1,240: Manav Chopra

Buy Tata Elxsi at a price target of Rs 1,240 and a stop loss at Rs 1,140 from the entry point.

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The current market price of Tata Elxsi is Rs 1,184.95.
Manav Chopra of Indiabulls Ventures has a buy call on Tata Elxsi with a target price of Rs 1,240.

The current market price of Tata Elxsi is Rs 1,184.95.

Time period given by the analyst is 'Intra Day' when Tata Elxsi price can reach the defined target.


Manav Chopra recommended keeping a stop loss at Rs 1,140.

Tata Elxsi, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 7,379.45 crore) operating in Information Technology sector.

The company’s top management includes Mr.Ankur Verma, Mr.Madhukar Dev, Mr.N Ganapathy Subramaniam, Mr.P McGoldrick, Mr.Sudhakar Rao, Mrs.S Gopinath, Prof.M S Ananth.
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The company has BSR & Co. LLP as its auditors.

As on 30-06-2018, the company has a total of 62,276,440 shares outstanding.
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