Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Mindteck (India) Ltd lost 5.27% today to trade at Rs 150. The BSE Information Technology index is down 0.62% to quote at 27573.81. The index is down 6 % over last one month. Among the other constituents of the index, LTM Ltd decreased 3.29% and Tata Elxsi Ltd lost 1.54% on the day. The BSE Information Technology index went down 21.19 % over last one year compared to the 8.83% fall in benchmark SENSEX.
Mindteck (India) Ltd has lost 12.18% over last one month compared to 6% fall in BSE Information Technology index and 3.4% drop in the SENSEX. On the BSE, 54 shares were traded in the counter so far compared with average daily volumes of 3343 shares in the past one month. The stock hit a record high of Rs 307 on 20 Oct 2025. The stock hit a 52-week low of Rs 140 on 04 Sep 2026.
Tata Elxsi announced a strategic investment in KAVIA AI, a Silicon Valley-based enterprise AI platform company. The investment strengthens the collaboration between the two companies to help enterprises manage, modernise, and transform complex software environments at scale.
As a global leader in AI and GenAI-driven product and software engineering, Tata Elxsi enables enterprises to implement the AI Development Lifecycle (AIDLC), accelerating architecture design, brownfield refactoring, software development, quality assurance, deployment, continuous monitoring and debugging across the product and software lifecycle. The collaboration brings together Tata Elxsi's expertise in domain-led engineering with KAVIA AI's knowledge graph and workflow intelligence platform.
Over the past one year, the companies have worked together to deploy the platform for enterprise engineering use cases, addressing challenges around industry-specific product and software engineering, accelerated release cycles, quality, resilience, and cybersecurity readiness.
Tata Elxsi and Sarla Aviation, an advanced air mobility company, have signed a Memorandum of Understanding (MoU) to collaborate on the development of Shunya, Sarla Aviation's six-seater plus one pilot electric vertical take-off and landing (eVTOL) aircraft.
The partnership brings together Sarla Aviation's vision for urban air mobility and Tata Elxsi's expertise in aerospace, software and flight critical digital engineering to support the aircraft's development, testing and certification.
Under the collaboration, Tata Elxsi will provide engineering support across avionics such as flight control systems, software integration, testing, verification and validation, and certification, while Sarla Aviation will lead the design, development and type certification of the Shunya platform. The engagement also creates opportunities to extend support across sensor fusion based navigation software, industrial and structural design, and airworthiness test support.
Designed for 300 Km+ range of flight operations , Shunya combines vertical take-off and landing capability with fixed-wing cruise efficiency, enabling runway-independent operations and improved propulsion efficiency.
The aircraft's first flight is targeted within the next 18 to 24 months, with certification activities expected to follow. The development reflects the growing role of Indian Aerospace companies in next-generation aircraft and advanced air mobility platforms.
Consequent to this allotment, the paid-up equity share Capital of the Company stands increased to Rs. 62,30,57,310 divided into 6,23,05,731 equity shares of Rs. 10/- each from Rs. 62,29,95,610 divided into 6,22,99,561 equity shares of Rs. 10/- each.
Tata Elxsi Ltd lost 5.44% today to trade at Rs 3499.1. The BSE Information Technology index is down 1.3% to quote at 27492.28. The index is up 0.13 % over last one month. Among the other constituents of the index, Zensar Technologies Ltd decreased 2.33% and Tata Consultancy Services Ltd lost 2.29% on the day. The BSE Information Technology index went down 25.37 % over last one year compared to the 6.51% fall in benchmark SENSEX.
Tata Elxsi Ltd has lost 14% over last one month compared to 0.13% gain in BSE Information Technology index and 1.22% rise in the SENSEX. On the BSE, 17011 shares were traded in the counter so far compared with average daily volumes of 32460 shares in the past one month. The stock hit a record high of Rs 6423.1 on 15 Jul 2025. The stock hit a 52-week low of Rs 3473.75 on 15 Jul 2026.
While EBITDA improved by 15.7% year-on-year (YoY) to Rs 216 crore, EBITDA margin was 21.2% in Q1 FY27 as against 20.9% in Q1 FY26.
Profit before tax in Q1 FY27 stood at Rs 232.5 crore, up by 18.4% from Rs 196.3 crore recorded in Q1 FY26.
On a quarter-on-quarter (QoQ) basis, Tata Elxsi’s revenue has grown by 2.7%, while net profit has declined by 22.58%.
Manoj Raghavan, CEO and managing director, Tata Elxsi, said: 'For the quarter, Tata Elxsi delivered a healthy performance with growth in our two primary verticals, supported by strong deal execution and continued momentum in large strategic engagements.
Our Transportation business reported a growth of 13.3% YoY, driven by accelerated OEM engagements and strategic wins in the off-road and aerospace segments.
In Media & Communications, we delivered another strong quarter, growing 22.2% YoY through continued ramp-up of key engagements and expanded programs with global operators, broadcasters and device OEMs.
Our Healthcare and Life Sciences business reported a growth of 1.7% QoQ, amidst a muted business environment for the healthcare industry.
FY27 marks a year of future focus for the company, as we prepare and equip ourselves for a world reshaped by AI. We are making targeted investments in specialized talent, AI powered platforms, tools and infrastructure, to pivot to a Domain + AI future.'
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare and transportation.
The scrip tumbled 4.96% to currently trade at Rs 3516.95 on the BSE.
KPIT had earlier warned that its Q1 FY27 USD reported revenue is likely to decline about 1% year-on-year, primarily due to sudden actions by several European original equipment manufacturers (OEMs) following recent profit warnings and a weaker business outlook. The company also said its EBITDA and net profit margins would decline sequentially.
The cautious commentary raised concerns over spending by global automotive clients, prompting investors to pare exposure to peers such as Tata Elxsi, which also derives a significant share of its revenue from automotive engineering and software services.
While KPIT expects the near-term weakness to be temporary and has reiterated confidence in a recovery during the second half of FY27, investors remained cautious about the outlook for the automotive technology sector.
Tata Elxsi is a global provider of design and technology services, with a strong presence in the automotive, broadcast, communications, healthcare and transportation sectors.
The company reported a 27.8% year-on-year increase in net profit to Rs 220.35 crore in Q4 FY26 from Rs 172.42 crore in Q4 FY25. Revenue from operations rose 9.4% to Rs 993.75 crore during the quarter ended 31 March 2026, compared with Rs 908.34 crore in the year-ago period.