Tata Elxsi was one of the star stocks of 2020 as it doubled this year and rallied over 200 percent from its 52 week low.

The company provides technology consulting, new product design, development, and testing services for the broadcast, consumer electronics, healthcare, telecom and transportation industries.

Speaking in an interview to CNBC-TV18, Manoj Raghavan, MD & CEO of the company said, “If a decision is taken to merge with TCS, it will be good for the Tata Elxsi shareholders.”

However, decisions like a merger with TCS are taken at the Tata board level, he added.

On the business front, he said, “Deals continue to be on track even as people have been working from home. We are at the cusp of a good growth cycle and in Q3 we will have had a record high for the company in terms of deal closures. Therefore, I am pretty bullish.”

For entire interview, watch the video

(Edited by : Abhishek Jha)

First Published:Dec 21, 2020 1:54 PM IST