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Have a positive view on Tata Elxsi, says Ambareesh Baliga

Updated : July 25, 2018 18:19:12 IST

Ambareesh Baliga, independent market expert, on Wednesday said that Tata Elxsi's performance is going to continue for at least two to three years.

In an interview to CNBC-TV18,  Baliga said that margin expansion will continue for Tata Elxsi in the next two or three quarters.

Baliga said that Jubilant FoodWorks is clearly a textbook example of turnaround, when there is a change in the top management.

Speaking on Jubilant FoodWorks, he said, "Don’t really expect this sort of a growth continuing for the next two or three quarters, but then you will see the normal growth happening. So, in case we see a correction to levels of about Rs 1,275 or so, I think that is a level to buy and just to get that 18-20 percent sort of a growth."

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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