Apple has expanded iPhone production in India, shifting a significant portion of US-bound models to the country. The move strengthens India’s role in Apple’s global supply chain while diversifying away from China and mitigating tariff risks.

Apple has significantly expanded iPhone production in India, marking a major step in its strategy to reduce reliance on China and mitigate tariff risks. The expansion comes as part of Apple’s ongoing efforts to make India the cornerstone of its global manufacturing network.

The company has broadened its supplier base, with production now being carried out at Tata Group’s plant in Hosur, Tamil Nadu, and Foxconn Technology Group’s facility near Bangalore airport. Tata’s role as a key Apple partner is set to grow, with projections indicating that its plants could contribute up to half of India’s iPhone output within the next two years.

Export Growth and Tariff Diversification

In the four-month period beginning April, Apple exported iPhones worth $7.5 billion from India, compared with $17 billion for the entire previous fiscal year. This surge highlights the success of Apple’s diversification strategy and India’s growing role in the global electronics supply chain.

Financial experts note that Apple’s India push also shields the company from shifting US trade policies. With tariffs on Chinese goods creating uncertainty, India-based manufacturing provides Apple with a more stable production base for the US market.

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New Models and Future Plans

Apple’s current focus is the upcoming iPhone 17 lineup, which includes a slimmed-down standard model alongside redesigned Pro models with enhanced camera and video capabilities. Importantly, Apple plans to manufacture the new iPhone 17e in India, set to launch next year, while also laying the groundwork for future iPhone 18 production in the region.

Industry observers emphasize that India is not just an assembly hub anymore — Apple is now engineering, developing, and testing iPhones locally, signaling deeper integration of India into its global operations.

Strategic Shifts and Long-Term Outlook

The ramp-up in India also reflects broader geopolitical shifts. China has attempted to slow down the relocation of high-tech manufacturing, while India continues to attract global investors with incentives and subsidies. Despite these challenges, Apple’s production in India remains on track, underscoring the country’s role as a rising manufacturing powerhouse.

Over the longer term, Apple’s commitment to India highlights a structural transformation in global supply chains. Analysts suggest that by making India a primary hub, Apple not only diversifies risk but also positions itself to serve both domestic and international demand more efficiently.

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Voltas Limited, the Tata Group’s flagship consumer durables and engineering services brand, reported a sharp 58% year-on-year drop in consolidated net profit for Q1 FY26, hit by unseasonal weather that curtailed demand for cooling products in the peak summer period. Revenue declined by 20% to ₹4,021 crore, but the company retained its dominant position in the air conditioning market.

Voltas Limited, headquartered in Mumbai, Maharashtra, is a flagship company of the Tata Group and one of India’s leading providers of air conditioning, cooling appliances, and engineering services. With operations spanning across Unitary Cooling Products, Electro-Mechanical Projects & Services, and Engineering Products & Services, Voltas enjoys a robust presence in both domestic and overseas markets.

For the quarter ended June 30, 2025, the company reported a consolidated total income of ₹4,021 crore, compared to ₹5,001 crore in Q1 FY25, marking a year-on-year drop of nearly 20%. Profit before tax fell to ₹203 crore from ₹452 crore, while net profit dropped to ₹141 crore from ₹335 crore, representing a steep 58% decline.

Weather-Driven Disruption in Peak Season

The traditionally strong summer quarter was disrupted by erratic weather patterns. The season began later than usual, saw moderate temperatures, and was cut short by an early onset of the monsoon. This resulted in weaker consumer demand for cooling appliances, particularly air conditioners, which form a significant share of Voltas’ revenue in Q1.

The impact was further amplified by a high base in the previous year, when a prolonged and intense summer drove record-breaking sales for the company.

Financial Snapshot – Q1 FY26 vs Q1 FY25

Share Price & Market Reaction

• On August 11, 2025, Voltas’ stock opened flat at ₹1,056 per share and traded in a narrow band during early market hours.
  
• Over the past six months, the stock has gained ~8%, outperforming the BSE Consumer Durables Index despite near-term earnings weakness.
  
• Analysts anticipate earnings recovery in H2 FY26, supported by festive season demand and infrastructure-led growth in engineering projects.
  

Also Read: Carrier, Samsung, LG Sue India Over ‘Unfair’ E-Waste Fees

Key Business Segments – Q1 Performance

1. Unitary Cooling Products (UCP)

• Products: Air conditioners, refrigerators, air coolers.
  
• Impact: Unseasonal summer and early monsoon resulted in double-digit volume declines.
  
• Outlook: Focus on energy-efficient products and premium range launches to capture festive season demand.
  

2. Electro-Mechanical Projects & Services (EMPS)

• Stable execution of ongoing projects in India and overseas markets.
  
• Benefited from public infrastructure contracts and long-term service agreements.
  

3. Engineering Products & Services (EPS)

• Posted modest revenue growth on strong industrial product demand.
  
• Steady contribution to margins despite being a smaller revenue contributor.
  

Management Strategy & Guidance

Voltas is retaining leadership in the AC market with a focus on:

• Expanding its retail footprint across Tier-2 and Tier-3 cities.
  
• Enhancing after-sales service capabilities to boost customer loyalty.
  
• Introducing eco-friendly and inverter-based ACs aligned with evolving environmental norms.
  
• Optimizing cost structures and supply chain to counter demand volatility.
  

Management expects Q2 FY26 to see improved performance, driven by pent-up demand, the festive sales cycle, and ongoing infrastructure project momentum.

Long-Term Investor Takeaways

• Strong brand moat as the market leader in ACs.
  
• Diversified business mix across consumer durables and engineering projects.
  

Near-term headwinds are weather-related, not structural, making the stock a potential buy-on-dips candidate for long-term portfolios.

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Read the full article here: Voltas Q1 FY26 Earnings Slide 58% as Weather Dampens Peak Season Demand — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Tata Motors shares declined 1.3% to ₹644.35 on August 8, 2025, ranking among the top laggards on the Nifty 50 index. Despite steady revenue, a notable decline in annual profit and earnings per share raised concerns among investors.

Tata Motors Ltd, headquartered in Mumbai, Maharashtra, is a leading global automotive manufacturer and part of the Tata Group. Operating across multiple vehicle segments including passenger cars, commercial vehicles, and luxury automobiles through Jaguar Land Rover, the company has been central to India’s industrial and export strategy.

On August 8, 2025, Tata Motors’ stock fell 1.3% during intraday trade, touching ₹644.35, and becoming one of the top losers on the Nifty 50. The decline was in response to its recently released financials, which revealed a drop in net profit and earnings per share for FY2024–25, despite a marginal rise in annual revenue.

The company reported consolidated revenue of ₹4,39,695 crore for FY25, up from ₹4,37,927.77 crore in FY24. However, net profit decreased from ₹31,106.95 crore to ₹22,991 crore, while earnings per share dropped from ₹81.95 to ₹78.80.

Also Read: Tata Motors’ $4.5 Billion Global Leap Triggers Stock Reaction

Consolidated Income Statement (FY21–FY25)

Quarterly figures also reflected fluctuations in revenue and profitability, with net profit peaking at ₹17,282 crore in March 2024 and then moderating to ₹8,442 crore in March 2025.

Also Read: Tata Motors to Raise €1 Billion for Iveco Acquisition

Quarterly Snapshot (FY25)

From a valuation perspective, the company’s book value per share rose to ₹315.61 from ₹242.90, and its debt-to-equity ratio improved significantly from 1.16 to 0.54, indicating a stronger balance sheet. However, return on equity decreased to 23.96% from 36.97% in the previous fiscal.

In corporate developments, Tata Motors announced the transition of leadership at Jaguar Land Rover, with Mr. P B Balaji set to assume the role of CEO from November 2025, replacing Mr. Adrian Mardell. The company also responded to media reports regarding a potential $4.5 billion deal with Iveco, which has created speculative movement in stock price.

Also Read: Tata Motors Powers Ahead with Bold Restructuring and Global Trade Boost

A final dividend of ₹6.00 per share (300% of face value) was declared in May 2025 and became effective from June 4, 2025, reaffirming its capital return commitment to shareholders.

Despite the decline in stock price, Tata Motors continues to demonstrate operational resilience, supported by diversified business segments, ongoing cost optimization, and a commitment to long-term value creation.

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Read the full article here: Investors React to Tata Motors Q4 Results With Stock Down 1.3 Percent — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India-based Trent Ltd, part of the Tata Group, emerged as one of the top gainers on the Nifty 50 index during Tuesday’s session, reflecting strong investor confidence backed by a consistent growth trajectory. Despite quarterly profit fluctuations, the company’s long-term financials reveal robust retail execution and strategic expansion.

India-based Trent Ltd, a prominent retail company under the Tata Group, emerged as one of the top performers on the Nifty 50 index on Tuesday. The stock gained 1.6% to close at ₹5,333.00, signaling strong market sentiment supported by solid earnings momentum and sustained business growth.

Trent’s financials for the past five years reflect exceptional scalability and profitability. The company’s revenue grew from ₹2,592.96 crore in FY21 to ₹17,134.61 crore in FY25 — a staggering 560% increase. Profitability also improved dramatically, with net profit rising from a loss of ₹109.77 crore in FY21 to ₹1,447.91 crore in FY25.

For the quarter ending March 2025, revenue stood at ₹4,216.94 crore, slightly lower than the December quarter’s ₹4,656.56 crore. Net profit dropped to ₹312.70 crore, down from ₹470.31 crore in Q3. Despite quarterly fluctuations, the annual earnings per share (EPS) increased to ₹43.51 in FY25, reflecting the company’s strong annual performance.

Also Read: No Ads, No Discounts—How Trent Is Winning Anyway

Key metrics such as return on equity (ROE) and book value per share (BVPS) reinforce the company’s financial strength. ROE stood at 28.31% in FY25, with BVPS rising to ₹153.64. Meanwhile, the debt-to-equity ratio remained minimal at 0.09, showcasing a healthy balance sheet and prudent capital structure.

Trent has also declared a final dividend of ₹5 per share for FY25, reinforcing its shareholder-focused approach. Additionally, the company has announced a special window for re-lodgement of physical share transfer requests in accordance with regulatory compliance.

Despite short-term profit volatility, analysts see Trent’s long-term trajectory as intact, driven by robust demand in India’s retail space, brand equity through formats like Westside and Zudio, and disciplined financial management.

Backed by Tata Group’s legacy and a low-leverage growth strategy, Trent Ltd continues to strengthen its position as a leading force in Indian retail.

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Read the full article here: Trent Q4 and FY25 Results: Revenue Hits ₹17,134 Cr — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Jaguar Land Rover, the UK-based luxury car subsidiary of Tata Motors, India, has appointed P B Balaji as its next CEO. He will assume charge in November 2025, becoming the first Indian to hold this top position in the company’s history.

In a historic leadership transition, Tata Motors, India’s multinational automotive manufacturing giant, has appointed P B Balaji as the Chief Executive Officer of its premium UK-based subsidiary, Jaguar Land Rover, effective November 2025. With this move, Balaji becomes the first Indian to helm the iconic British luxury car brand.

The appointment was officially approved by the JLR board in its meeting on August 4, 2025. Balaji currently serves as the Group Chief Financial Officer at Tata Motors and holds significant influence across several group companies. His elevation to the top position at Jaguar Land Rover follows the retirement of Adrian Mardell, who led the automaker through a transformative phase.

Balaji’s transition comes at a strategic point for Jaguar Land Rover as the company deepens its focus on electric mobility, premium innovation, and global growth. His strong financial acumen, coupled with deep operational insights across Tata Motors’ group entities, positions him as a key figure in driving JLR’s Reimagine strategy forward.

Also Read: Tata Motors’ Profit Plunges as Global Trade Headwinds Strike JLR

Within the Tata Group ecosystem, Balaji has held board positions across entities including Tata Motors Passenger Vehicles, Tata Passenger Electric Mobility, and Air India. His leadership across financial restructuring, cost optimization, and sustainable strategy has been widely recognized internally within Tata Sons.

The market sees Balaji’s appointment as a signal of further integration between Tata Motors’ long-term vision and Jaguar Land Rover’s global aspirations. Analysts believe this leadership consolidation may enhance strategic synergies between product development, digital transformation, and financial discipline across regions.

Jaguar Land Rover, known for its brands Jaguar and Land Rover, has been part of the Tata Motors portfolio since 2008. Under Tata’s stewardship, JLR has grown into one of the most recognized global automotive names, contributing significantly to Tata Motors’ international revenues.

As Balaji prepares to take over in November, industry watchers are keenly observing how this leadership shift will steer JLR’s future—especially in a time of global economic volatility and rapid shifts in automotive technology.

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India’s Tata Investment Corporation Ltd., part of the Tata Group, has approved its first and final stock split in a 1:10 ratio. The decision, announced alongside the April–June quarter results, is aimed at enhancing stock liquidity and accessibility. The company also reported a profit growth of 11.5% year-on-year for Q1 FY26.

Tata Investment Corporation Ltd., a core investment company under the Tata Group, has approved its first and only stock split in a 1:10 ratio, marking a key structural change for its shareholders. The announcement was made on Monday, August 4, along with the company’s financial results for Q1 FY26.

The stock split, which will reduce the face value of each share from ₹10 to ₹1, is designed to improve stock liquidity and retail investor participation. As the face value has reached the minimum permissible level under Indian regulations, this will be the only split the company can undertake in the future.

Financial Performance in Q1 FY26

For the quarter ending June 30, 2025, Tata Investment Corporation reported an 11.5% year-on-year increase in net profit, reaching ₹146 crore. Revenue saw marginal growth, rising 2% to ₹145.5 crore. The modest revenue growth was offset by effective portfolio management and cost discipline, contributing to healthy bottom-line expansion.

Market reacted positively to the announcement, with shares trading 4.2% higher at ₹7,048. However, on a year-to-date basis, the stock remains largely flat, indicating that long-term investors may now view the stock split as a potential trigger for renewed momentum.

Also Read: Tata Power or Adani Power: Which One Deserves Your Investment?

Long-Term Shareholder Value Strategy

While the company has never issued bonus shares in its history, Tata Investment Corporation has consistently rewarded shareholders through regular dividends. The firm paid ₹48 per share in FY23, ₹28 in FY24, and ₹27 in FY25—reflecting a strong commitment to shareholder returns.

The timing of the split also reflects a broader strategy to align the company’s capital structure with evolving investor demographics. Analysts note that lower face-value shares often encourage broader participation, particularly from retail investors, while improving liquidity and price discovery in the secondary market.

Outlook and Expert Perspective

Financial experts suggest that this move reinforces Tata Investment Corporation’s disciplined approach to capital allocation and shareholder value creation. Given the company’s investment-led model and consistent dividend record, the stock split signals a commitment to enhancing retail participation without diluting value.

The record date for the split will be announced soon, and market participants are closely watching for further cues on how the split impacts trading volumes and valuations.

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Read the full article here: Tata Investment’s 1:10 Stock Split Explained for Investors — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India’s top power players, Tata Power and Adani Power, have reported robust Q1 FY26 results. While Adani Power posted a PAT of ₹3,305 crore with strong EBITDA margins, Tata Power marked its 23rd straight quarter of profit, highlighting steady expansion in clean energy and distribution. With both stocks under investor focus, the comparison now lies in short-term resilience versus long-term transition strategy.

Power sector bellwethers Tata Power and Adani Power have published their Q1 FY26 results, with investors closely examining their earnings, growth trajectories, and positioning in the rapidly transforming Indian energy landscape.

Adani Power reported a Profit After Tax (PAT) of ₹3,305 crore in Q1 FY26, supported by a robust EBITDA of ₹5,744 crore, underscoring operational resilience despite a seasonally weak quarter. Its revenue for the quarter stood at ₹14,167 crore, slightly lower than last year’s, reflecting subdued power demand triggered by early monsoons and lower merchant tariffs. However, strong long-term Power Purchase Agreements (PPAs) and disciplined cost management helped sustain healthy margins.

In contrast, Tata Power recorded a revenue of ₹17,464 crore and PAT of ₹1,262 crore, a 6% YoY growth—marking its 23rd consecutive quarter of profit. Although the PAT is modest compared to its peer, Tata Power’s emphasis on strategic transition toward clean energy, electric mobility, and rooftop solar stands out. With 44% of its generation capacity now renewable—and a target of 70% by 2030—the company is investing heavily in green infrastructure, laying the groundwork for future growth.

Strategic Positioning: Scale vs. Sustainability

Adani Power’s focus on aggressive expansion through acquisitions and project execution has positioned it toward achieving its 30 GW target by 2030. Its earnings resilience, even amid demand softness, demonstrates the strength of its business model. Strategic inflows from cross-border operations and lower valuations with a P/E ratio around 10–15 give it an edge for investors looking for near-to-mid-term capital appreciation.

On the other hand, Tata Power is undertaking large-scale energy transition investments, with strategic moves across EV charging infrastructure, solar rooftop penetration, and battery storage. These long-horizon investments are yet to reflect significantly in current earnings but signal a robust long-term value proposition. Its premium valuation (P/E ~32–40) reflects market confidence in its transformation and diversified portfolio strength.

Also Read: Power Giants Compete for ₹50,000 Crore Discom Empire in Uttar Pradesh

Which Stock to Buy After Q1 FY26?

For long-term investors, Adani Power presents a value-oriented growth play, backed by operational efficiency, consistent cash flows, and scalable infrastructure. Meanwhile, Tata Power offers a steady compounder profile with strategic diversification and future-facing initiatives in renewables and energy tech.

Market experts view Adani Power as attractive for short- to mid-term gains, given its relatively lower valuation and scale, whereas Tata Power appeals to those aligned with India’s clean energy ambitions and longer-term ESG-aligned growth.

As India’s energy sector evolves rapidly, both companies are poised for a larger role—albeit via different strategic paths. Investors will have to weigh their preferences between immediate performance and transformative resilience.

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Read the full article here: Tata Power or Adani Power: Which One Deserves Your Investment? — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Tata Motors’ stock declined by nearly 4% following reports of a potential $4.5 billion acquisition of Italy-based commercial vehicle manufacturer Iveco. The move underscores the company’s aggressive global expansion strategy as it seeks to strengthen its presence in international commercial vehicle markets.

Tata Motors Limited, is a leading Indian automotive manufacturer and part of the Tata Group. Operating across the passenger and commercial vehicle segments, the company also owns the Jaguar Land Rover brand through its UK-based subsidiary. Tata Motors has consistently focused on innovation, electric mobility, and sustainable transportation solutions.

On July 29, 2025, shares of Tata Motors fell 3.9% to close at ₹987.15 on the National Stock Exchange, following developments around a strategic global acquisition. The company is reportedly advancing discussions to acquire Italian commercial vehicle maker Iveco Group for approximately $4.5 billion in a cash and stock deal.

The proposed acquisition marks a significant milestone in Tata Motors’ international growth strategy. Iveco, headquartered in Turin, Italy, specializes in manufacturing trucks, buses, off-road vehicles, and defense mobility solutions. By integrating Iveco’s product range and geographic reach, Tata Motors aims to enhance its competitiveness in key global markets, particularly in Europe and Latin America.

Also Read: Tata Motors in Advanced Talks to Acquire Controlling Stake in Italy’s Iveco Group

While the transaction is still under negotiation, it reflects Tata Motors’ commitment to scaling its global operations and building a comprehensive commercial vehicle ecosystem. The acquisition, once finalized, would position Tata Motors as a more diversified global mobility player with increased capabilities across technology, manufacturing, and distribution.

The company continues to maintain a disciplined approach to capital allocation while focusing on improving margins and sustaining leadership in the domestic automotive market. Tata Motors remains aligned with long-term objectives of technological advancement, electric vehicle adoption, and cross-border business synergies.

As the deal progresses, further clarity on execution timelines, integration plans, and financial structuring is anticipated. The company continues to evaluate strategic opportunities that support its global ambitions while strengthening operational performance across all business units.

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Read the full article here: Tata Motors’ $4.5 Billion Global Leap Triggers Stock Reaction — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India’s Tata Digital-backed BigBasket has reported a 3% decline in its B2C unit turnover to ₹7,673 crore in FY25. This downturn, paired with increased losses of ₹1,851 crore, reflects mounting pressure from quick commerce rivals. Despite pivoting to a 10-minute delivery model through BB Now, BigBasket faces stiff market share competition in India’s fast-growing online grocery space.

Tata Digital’s BigBasket witnessed a decline in its business-to-consumer (B2C) turnover for the financial year ending March 2025, with revenue dropping 3% to ₹7,673 crore, according to the FY25 annual report by Tata Sons. The company’s B2B arm, Supermarket Grocery Supplies, also reported a 7% drop in turnover to ₹2,227 crore.

Losses for the B2C business widened to ₹1,851 crore in FY25, up from ₹1,267 crore in FY24, highlighting the rising operational and competitive challenges in India’s rapidly evolving quick commerce landscape.

Also Read: SEBI Approval Brings Tata Capital a Step Closer to Mandatory Listing

BigBasket, which originally offered slotted deliveries, ventured into the hyper-fast delivery model with the launch of its 10-minute delivery service BB Now. However, this strategic shift comes amid an industry increasingly dominated by rapid grocery fulfillment models, where leading competitors hold approximately 80–85% of market share, industry estimates suggest.

Despite these headwinds, Tata Digital, which owns over 65% of BigBasket, remains committed to scaling its digital portfolio. The group has also reportedly explored raising $1.3 billion in external funding for BigBasket and its e-pharmacy venture, earmarking around $1 billion for the grocery segment alone.

Valued at $3.2 billion in its last funding round in December 2022, BigBasket is under renewed scrutiny from its parent group. Tata Group’s earlier internal reviews indicated concern over BigBasket’s relative underperformance in a segment considered vital to its digital ambitions.

BigBasket also began piloting a 10-minute food delivery offering in June 2025 through partnerships with Tata Group’s other ventures, including Tata Consumer Products’ joint venture with Starbucks India and Qmin by Indian Hotels Company Limited.

While the Indian e-grocery market continues to expand, BigBasket’s performance signals the importance of sustained innovation, efficient fulfillment logistics, and capital strength to thrive against quick commerce heavyweights. Market analysts note that customer retention and last-mile efficiency will be critical to BigBasket’s turnaround in FY26.

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Tata Elxsi, a design and technology arm of the Tata Group based in Bengaluru, Karnataka, saw its share price drop by 8% on July 11, 2025, reaching a 9-week low after Q1 FY26 results missed analyst expectations. Despite the setback, the company expects growth to resume in key segments by the next quarter.

Tata Elxsi, a Bengaluru, Karnataka-based design and digital technology firm under the Tata Group, saw its stock tumble 8% in early trade on July 11, 2025, reaching a nine-week low of ₹5,660. This sharp decline followed disappointing Q1 FY26 results, which were announced after market hours on July 10. Despite partial recovery later in the day, the stock was still down 3% as of 10:45 a.m.

The company, which provides solutions in transportation, media, healthcare, and communications, posted revenue of ₹892.1 crore for the quarter, down 1.8% quarter-on-quarter and 3.7% year-on-year. The performance was weighed down by global macroeconomic uncertainty and slower decision-making cycles in key verticals.

EBITDA came in at ₹186.7 crore, with a margin of 20.9%—a 10.1% drop from the previous quarter. This was attributed to soft revenues, currency volatility, and increased onsite salary costs.

Net profit declined 16.3% sequentially and 22% year-on-year to ₹144.4 crore, affected by elevated operating expenses and transition costs related to new deals signed in the previous quarter. The company’s EPS fell to ₹23.18.

Also Read: Titan Enters the Gulf Arena: A Billion-Dollar Jewellery Battle Begins

Despite the weak results, Tata Elxsi management remains optimistic. They project a recovery in transportation and media & communication segments beginning Q2 FY26, supported by major deals signed recently with Mercedes-Benz, a European original equipment manufacturer (OEM), and Suzuki.

“We see continued recovery and growth in our transportation business through the rest of the year, backed by the deals we have won and a healthy pipeline of large deals,” the company noted in its earnings release.

Brokerages React with Caution

Following the earnings miss, global brokerages maintained a cautious stance:

• Morgan Stanley reaffirmed its ‘Underweight’ rating with a target price of ₹4,660.
  
• JPMorgan also stuck with an ‘Underweight’ view, lowering its target to ₹3,800, citing a fourth straight quarter of disappointing revenues and margins.
  
• Bernstein maintained an ‘Underperform’ rating with a target of ₹4,130, citing low growth visibility in the automotive sector and ongoing tariff-related issues.
  

The firm is facing sustained pressure in its healthcare segment, due to client-specific challenges that continue to impact revenue generation.

Read the full article here: A Titan Stumbles: Tata Elxsi’s Market Shock After Q1 Miss — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).