Tata Elxsi shares jump 8% as Q2 margins improve

Tata Elxsi shares rose 8.16% to ₹3,706 on Wednesday after its Q2 FY27 results showed sequential improvement. Revenue grew 2.3% in constant currency terms, while EBIT margin expanded 70 basis points to 19.7%. Growth was led by Media & Communications, Healthcare and Transportation, although weak European automotive demand remained a concern.