Buy Tata Elxsi, target Rs 1,915: ICICI Direct

ICICI Direct has buy call on Tata Elxsi with a target price of Rs 1,915 and stop loss of Rs 1,515.

The current market price of Tata Elxsi is Rs 1,669.25.

Time period given by analyst is 3 months when Tata Elxsi price can reach defined target.

Tata Elxsi, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 5,197.75 crore) operating in Information Technology sector.

Tata Elxsi key Products/Revenue Segments include Other Services which contributed Rs 1,008.17 crore to Sales Value (93.76 per cent of Total Sales), Computer Based System, Accesssories & Peripherals which contributed Rs 33.74 crore to Sales Value (3.13 per cent of Total Sales), System Integration which contributed Rs 33.29 crore to Sales Value (3.09 per cent of Total Sales)for the year ending 31-Mar-2016.