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Tata Elxsi Shares Rally 7% as Margins Improve

Shares rallied nearly 7% on Wednesday after the design and technology services company reported improved margins. JPMorgan retained its Neutral rating and Rs 3,200 price target.

TATAELXSI

6 per cent from the levels cited by the brokerageTata Elxsi shares rallied nearly 7 per cent on Wednesday after the design and technology services company reported better-than-ex…