Saturday, 4 February 2017

Tata Elxsi : Right Blend of Technology, Creativity & Engineering CMP:1474 dated 05/02/17


Rasmeet XFV factor on Tata Elxsi

X: Creating a niche amoung many other IT companies by providing unique products & differentiated solution through innovation and leading edge Technology

F: Massive opportunity across sectors, Though they have major presence in Auto, Broadcasting but any sector can be tapped like education, healthcare as technology is changing the structure, process of every Industry. Growth and market Opportunity is huge , lot of positive trigger can be there in next few years from existing businesses and untapped sectors

V: As EPS was around 45 and this we expect EPS of 60 so this is good time to enter the stock as this translated into PE of 25 which is not very expensive for company which is growing at good pace.

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