TATAELXSI.NS Tata Elxsi (NSE) closes at INR 5,508.00 on 03 Feb 2026: AI services set growth tone

TATAELXSI.NS stock ended the NSE session at INR 5,508.00 on 03 Feb 2026, up 87.00 points or 1.60% from the previous close. The move came on volume 201609.00, below the 50-day average, as investors parsed AI-led wins in automotive and media segments. Tata Elxsi reported a PE of 58.39 and EPS of 93.16, keeping valuation elevated relative to peers.

We focus on how AI products and annotation tools are shaping revenue mix and margins. This piece links company fundamentals, technical signals, and Meyka AI model forecasts to outline near-term price targets and key risks for investors in India (NSE).

Market close snapshot for TATAELXSI.NS stock

Tata Elxsi (TATAELXSI.NS) closed at INR 5,508.00, with a day range of INR 5,450.00 to INR 5,636.50. The stock gained 1.60% on 03 Feb 2026 with volume 201609.00, versus avg volume 361618.00. Year high and low are INR 6,735.00 and INR 4,700.00 respectively, showing room on both sides. The 50-day average is INR 5,312.52 and the 200-day average is INR 5,696.29.

Valuation and financial metrics: TATAELXSI.NS stock fundamentals

Tata Elxsi carries a PE ratio of 58.39 and EPS of 93.16, reflecting premium pricing for software and design services. Key ratios include PB 12.54, Price/Sales 9.23, and ROE 21.28%. Cash per share is INR 203.75 and book value per share is INR 433.84, supporting a strong balance sheet. Net margins are 15.81%, operating margin 23.20%, and interest coverage 50.98, indicating financial strength but high multiple risk.

AI growth drivers and sector context for TATAELXSI.NS stock

Tata Elxsi sells AI-enabled annotation, automotive software, and systems integration that feed enterprise AI pipelines. Recent wins in connected and autonomous vehicle programs and media streaming projects support recurring revenue. The Technology sector in India shows average PE 42.72, making Tata Elxsi’s PE 58.39 a premium. Investors should weigh AI-driven revenue growth against stretched valuation.

Technical outlook and trading signals for TATAELXSI.NS stock

Technicals show momentum but possible near-term overbought conditions. RSI is 64.12 and MACD histogram is 56.60, indicating bullish bias. Bollinger bands place middle at INR 5,318.12 and upper at INR 5,795.57, suggesting resistance near INR 5,800.00. Support sits around the 50-day average INR 5,312.52 and the next major support near INR 4,700.00 (year low).

Meyka AI grade, model forecast and price targets for TATAELXSI.NS stock

Meyka AI rates TATAELXSI.NS with a score out of 100: Score 77.32 | Grade B+ | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects yearly INR 7,306.77, monthly INR 4,867.75, and quarterly INR 4,038.87. Versus the current price INR 5,508.00, the yearly projection implies upside 32.67%. Forecasts are model-based projections and not guarantees.

Analyst-style targets: short-term conservative INR 6,200.00, 12-month target INR 7,300.00, and upside scenario INR 8,300.00 if AI contracts expand rapidly.

Risks, catalysts and trading considerations for TATAELXSI.NS stock

Key catalysts include the next earnings on 15 Apr 2026, new automotive program wins, and AI platform monetization. Main risks are valuation compression, slower deal wins, and receivables pressure (DSO ~99.92 days). The company’s low debt ratio 0.06 helps absorb shocks. Traders should watch liquidity (avg volume 361618.00) and resistance at INR 5,800.00.

Final Thoughts

TATAELXSI.NS stock closed the NSE session at INR 5,508.00 on 03 Feb 2026 with positive momentum from AI and automotive demand. Fundamentals show high margins and solid cash, but valuation is rich at PE 58.39. Meyka AI’s forecast model projects a yearly target of INR 7,306.77, implying 32.67% upside from today’s price. Short-term objective is INR 6,200.00 with a 12-month target of INR 7,300.00 under a constructive AI adoption scenario. Use the upcoming earnings (15 Apr 2026) and deal announcements as trading triggers. Meyka AI, as an AI-powered market analysis platform, flags both growth opportunity and valuation risk. Forecasts are model-based projections and not guarantees.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.