Tata Elxsi Shares Slide 46% from Peak: Is the Low-Debt Stock Poised for Recovery?

Tata Elxsi share price has fallen sharply from its all-time high, losing about 46% from the peak hit on August 17, 2022. Investors are now asking tough questions about one of India’s most talked-about engineering and design stocks. The company, known for its work in software, automotive tech, and digital design, still shows strong cash on its books and very low debt. Yet, the recent profit and revenue figures have disappointed many market watchers, adding pressure on the stock.