Should I be worried about my Tata Elxsi investment as the IT index rises?

Ans: IRCON can be a good story going forward !!

Disclaimer: Views expressed here are for your understanding and analysis. pl speak to your financial advisor before taking any decision.

Ans: hold it. top stock

Ans: its back to 7640/-
Increasing Revenue every Quarter for the past 4 Quarters
Increasing profits every quarter for the past 2 quarters
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Annual Net Profits improving for last 2 years
you need to hold it.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: There last quarter profit was down as there American unit was shut down due to maintenance. All good with the company as Efficient in managing Assets to generate Profits - ROA improving since last 2 year, Company with Low Debt
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
FII / FPI or Institutions increasing their shareholding
So HOLD you position for a long term.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: IT as an Industry is very much depended on exports from US and EU and both these economics are in a huge economic crisis since covid and they are utilizing all their efforts in building it, which obviously will take time. Following are the parameters why Tata Exlsi does not make an idea for investing:
1) PE higher than Industry PE
2) Expensive Valuation
3) Degrowth in Revenue, Profits and Operating Profit Margin in recent results (QoQ)
So it makes sense in reassessing the strategy as the business dynamics have changed.