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News 2026-10-14 04:10 UTC

BUZZ — India's Tata Elxsi jumps on quarterly profit rise

* Shares of Tata Elxsi rise 7.2% to 3,672.2 rupees * Stock on track for highest intraday pct gain since January 7 * Engineering R&D firm reported a 10% rise in Q2 profit to 1.7 billion rupees ($17.9 million) * Overall revenue increased 15% to 10.56 billion rupees * Morgan Stanley ("Underweight; PT: 3,400 rupees) flags