JPMorgan Upgrade Boosts Tata Elxsi, Tata Tech Shares

Shares of Tata Elxsi and Tata Technologies surged by up to 10% on January 7, 2026, following a significant upgrade from global brokerage JPMorgan. The upgrade to 'Neutral' from 'Underweight' was driven by an improving outlook for automotive engineering and R&D (ER&D) demand.

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