Tata Elxsi share price hits 52-week low after Q1 results 2026; brokerages cut target prices - Should you buy or sell?

Tata Elxsi shares fell over 6% to a 52-week low of ₹3,473.75 on the BSE after its June quarter results, with net profit rising 18.2% YoY to ₹170.6 crore and revenue up 14.5% to ₹1,021.1 crore. The stock has declined 45% over the past year, and brokerages Motilal Oswal, Kotak Securities, and Choice Institutional Equities have maintained or assigned Sell ratings with target prices between ₹3,000 and ₹3,150, citing weak automotive spending in Europe and margin pressure from higher investments and wage hikes.