Mukherjea on how Tata Elxsi could recover after 70% fall

Author Saurabh Mukherjea said on a podcast that Tata Elxsi's share price had fallen about 70% in three years amid fears that AI would replace engineering research and development. If the AI capex cycle gets arrested, Tata Elxsi "suddenly becomes much more appreciated" again, he said, describing it as a possible third recovery after a 70-80% drawdown.