Tata Elxsi

A portfolio of richly valued RoE stocks is expected to outperform the broader market over the longer term.

Cyient also disappointed on the revenue front, with 8 per cent year-on-year (YoY) organic growth

With the past two days' decline, Tata Elxsi's market price has corrected 32 per cent from its record high level of Rs 10,760

Tata Elxsi hit a new high of Rs 10,150, rallying 7 per cent on the BSE in Friday's intra-day trade

In the past one month, it has gained 16 per cent, as compared to a 10 per cent rise in the S&P BSE Sensex

CLOSING BELL: Tata Consumer Products, Titan, Eicher Motors, HUL, Tata Motors, Maruti, M&M, Nestle India, HDFC, L&T, and BPCL topped the charts

Stocks to watch today: L&T Technology Services and Jindal Steel and Power will share June quarter 2022 (Q1FY23) results on Friday, July 15.

Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.

Inks partnership with Tata Motors and Tejas Networks, plans innovation centre with TCS

Among other Tata Group stocks, Tata Steel, Tata Power and Titan look weak on the charts, and are likely to see more downside.

Tata Steel, Tata Power Company, Tata Exlsi, Tata Chemicals and Tinplate Company of India traded at ex-dividend adjusted price on Wednesday.

From the Asia Pacific region, MSCI has added 48 stocks and deleted 76, with the most changes in China

Select mid-cap IT stocks may surge up to 10 per cent on short-term rebound

Tata Elxsi, Jindal Steel seen as inclusion candidates; move could see a churn of Rs 6,900 crore by funds tracking the index

Among the pack, Tata Motors seems to be a slow mover, as the stock may see an upside of 8 per cent on crossing the major hurdles.

In the past three months, the stock has outperformed the market by surging 45 per cent as the company delivered strong and consistent growth in December quarter.

The centre in Bangalore will be a new hub for the two companies to develop crucial EV systems, such as battery management systems and motor control units

According to an analysis done by IIFL Alternative Research, 15 companies are set to migrate from FTSE All-Cap index to FTSE All-World

The company reported ₨ 635.4 crores of revenue from operations for Q3FY22, a growth of 6.7 per cent from the previous quarter.

The company is among the world's leading design and technology services providers across industries, including Automotive, Broadcast, Communications, Healthcare, and Transportation