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Tata Elxsi Q2 results impact: IT stock soars 7%- Buy, sell, or hold? Check highlights, target price, share price trend

AI Summary
  • ·Tata Elxsi shares surged 7% following its Q2 results.
  • ·The company reported a 15% year-on-year increase in quarterly revenue and a 10% rise in net profit.
  • ·Motilal Oswal maintained a Sell rating on the stock due to concerns about sustained growth and margin recovery.
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