Tata Elxsi Preps For Q1 Earnings: SEBI RAs Flag Make-Or-Break Zone Near ₹6,450

Tata Elxsi is trading near a critical technical zone ahead of its first-quarter (Q1) FY26 earnings on Thursday. 

SEBI-registered analyst Rohit Mehta flagged Tata Elxsi’s strong fundamentals—zero debt, 34.2% 3-year ROE, and a 54.8% dividend payout—but warned about its 13.3x book value. 

He pointed to weak year-over-year and quarter-over-quarter metrics for the March quarter: sales rose just 0.22% year-over-year, while operating profit dropped 20.3%, profit before tax fell 15.7%, and EPS declined 12.5%.

And highlighted Tata Elxsi’s flat promoter holding at 43.91% in March 2025, with foreign institutional investors reducing their stake from 13.27% to 12.73% and domestic institutional investors increasing their stake to 8.54%. 

Key levels include support between ₹5,786 and ₹5,957, and resistance at ₹7,412, ₹9,004, and the all-time high of ₹10,454.

Meanwhile, SEBI-registered analyst Vijay Kumar Gupta said the stock is trading at ₹6,150, down 33% from its 52-week high. 

He noted that Q4 results were weak, with a 3% quarter-over-quarter drop in revenue and a 6–13% decline in net profit. 

He said telecom and auto remain soft, though healthcare may offset pressure in Q1. 

Strategic partnerships with Infineon and Mercedes-Benz R&D India in the electric vehicle and software-defined vehicle spaces were also highlighted.

Technically, Gupta marked ₹6,100–₹6,050 as immediate support, and ₹5,600–₹5,400 as major demand. Resistance is seen near ₹6,400–₹6,450, with a downward-sloping trendline from ₹7,400 capping upside. 

He said relative strength index (RSI) and moving average convergence divergence (MACD) remain neutral to weak, and recommended tactical trades based on earnings outcomes and price confirmation around ₹6,100–₹6,450.

On Stocktwits, retail sentiment was ‘bullish’ amid ‘normal’ message volume.

The stock has declined 8.8% so far in 2025.

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