Buy Tata Elxsi, target Rs 950: Dr CK Narayan

Buy Tata Elxsi at a price target of Rs 950 and a stop loss at Rs 922 from entry point.

Dr CK Narayan of Chart Advise has a buy call on Tata Elxsi with a target price of Rs 950.

The current market price of Tata Elxsi is Rs 932.55.

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

Dr CK Narayan recommended to keep a stop loss at Rs 922.

Tata Elxsi, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 5,807.59 Crore) operating in Information Technology sector.

The company’s top management includes Dr.Gopichand Katragadda, Mr.Madhukar Dev, Mr.N Ganapathy Subramaniam, Mr.P McGoldrick, Mr.Sudhakar Rao, Mrs.S Gopinath, Prof.M S Ananth.
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Company has Deloitte Haskins & Sells as its auditors.

As on 30-09-2017, the company has a total of 62,276,440 shares outstanding.

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