VERIFIEDET Stocks·14 Oct 2026neutral

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

AI Summary

·Tata Elxsi shares increased by up to 7% following the announcement of its Q2 results.
·The company reported a 10% year-on-year profit growth and 15% revenue growth for the September quarter.
·Morgan Stanley, Motilal Oswal, and JM Financial maintained cautious ratings on the stock.