I have reduced some quantity from Tata Elxsi but others have corrected more so its allocation increased automatically. I will further reduce when a new idea comes or if fund requirements occur.
Their main selling items are bags and accessories. They sell to corporate who use them for gifting. They have physical stores and online presence also. I expect the revenue to be much higher than the consumer division.
Price should fall after demerger as most people are invested for the consumerware segment only. It will depend on the listing price and subsequent fall. I am thinking of staggering the investment.
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