So, I would still be somewhat careful on the railway PSUs because there, there should be some stalling of capex. But on defence PSUs, some of the financials, etc, or even some of the shipyards which got sold off more than 50%, we could see bounce back coming there.
Tata Elxsi Q1 Results: PAT plunges 22% YoY, revenue falls 3.7% on macroeconomic headwinds
Tata Elxsi posted a 22% year-on-year fall in Q1FY26 net profit to ₹144 crore and a 3.7% drop in revenue due to macroeconomic headwinds and