Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare.
The company is present across the world with Americas accounting for majority of revenues at 42%, followed by Europe (36%), India (17%) & rest of world contributing to 5% of revenues.
The customer revenue concentration from top 10 clients increased from 46.5% in FY22 to 48.1% in FY23
Stock P/E Ratio trending higher yet but company is the global leader in its segment and management is to expert and experienced and QIBs increasing its stake in this stock and company showed the good result of the last Q2 FY23-24. SO according my view and analysis we can add it in our portfolio slowly slowly means BUY AS MUCH AS DROP the price.
NOTE- GUYS IT IS MY OWN STUDY POINTS. NOT ANY RECOMMENDATION.
The company is present across the world with Americas accounting for majority of revenues at 42%, followed by Europe (36%), India (17%) & rest of world contributing to 5% of revenues.
The customer revenue concentration from top 10 clients increased from 46.5% in FY22 to 48.1% in FY23
Stock P/E Ratio trending higher yet but company is the global leader in its segment and management is to expert and experienced and QIBs increasing its stake in this stock and company showed the good result of the last Q2 FY23-24. SO according my view and analysis we can add it in our portfolio slowly slowly means BUY AS MUCH AS DROP the price.
NOTE- GUYS IT IS MY OWN STUDY POINTS. NOT ANY RECOMMENDATION.