TATA ELXSI at All Time High; BSE IT Index Down 0.1%
Tue, 12 Jan 09:32 AM

TATA ELXSI share price has hit an all-time high at Rs 2,180 (up 1.0%).

Meanwhile, the BSE IT Index is at 26,859 (down 0.1%).

Among the top gainers in the BSE IT Index today are TATA ELXSI (up 1.0%) and ORACLE FINANCIAL (up 0.9%).

HEXAWARE TECHNOLOGIES and INFIBEAM AVENUES (down 0.1%) are among the top losers today.

Over the last one year, TATA ELXSI has moved up from Rs 821 to Rs 2,180, registering a gain of Rs 1,359 (up 160.3%).

The BSE IT has moved up from 15,694 to 26,859, registering a gain of 11,165 points (up 70.4%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were TATA ELXSI (up 160.3%), FIRSTSOURCE SOLUTIONS (up 137.6%) and PERSISTENT SYSTEMS (up 134.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,234 (down 0.2%). The top gainers among the BSE Sensex stocks today are TATA STEEL (up 3.2%), RELIANCE IND. (up 1.0%) and L&T (up 1.0%). Other gainers include ULTRATECH CEMENT (up 0.9%) and ITC (up 0.7%). The most traded stocks in the BSE Sensex are TATA STEEL and ITC.

In the meantime, NSE Nifty is at 14,490 . The top gainers in the NSE Nifty include GAIL (up 4.9%), TATA STEEL (up 3.5%) and JSW STEEL (up 3.4%). Other gainers include EICHER MOTOR (up 2.6%) and TATA MOTORS (up 2.5%).

Over the last 12 months, the BSE Sensex has moved up from 40,818 to 49,234, registering a gain of 8,416 points (up 20.5%).

TATA ELXSI Financial Update...

TATA ELXSI net profit stood at Rs 789 million for the quarter ended September 2020, compared to a profit of Rs 754 million a year ago. Net Sales rose 1.6% to Rs 4.3 billion during the period as against Rs 4.2 billion in July-September 2019.

For the year ended March 2020, TATA ELXSI reported 11.7% decrease in net profit to Rs 2.6 billion compared to net profit of Rs 2.9 billion during FY19.

Revenue of the company grew 0.8% to Rs 16 billion during FY20.

The current Price to earnings ratio of TATA ELXSI, based on rolling 12 month earnings, stands at 43.6x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Jan 12, 2021 11:34 AM

ECLERX SERVICES share price has hit a 52-week high. It is presently trading at Rs 949. BSE 500 Index is up by 0.2% at 19,129. Within the BSE 500, ECLERX SERVICES (up 1.8%) and CENTRUM CAPITAL (up 12.2%) are among the top gainers, while top losers are SUZLON ENERGY and RAIL VIKAS NIGAM.

Jan 12, 2021 11:30 AM

FORCE MOTORS share price is trading up by 6% and its current market price is Rs 1,457. The BSE AUTO is up by 2.4%. The top gainers in the BSE AUTO Index are FORCE MOTORS (up 5.6%) and BOSCH (up 6.6%). The top losers is M&M (down 0.2%).

Jan 12, 2021 11:04 AM

TATA MOTORS share price is trading up by 12% and its current market price is Rs 248. The BSE AUTO is up by 2.3%. The top gainers in the BSE AUTO Index is TATA MOTORS (up 12.4%). The top losers are MARUTI SUZUKI and M&M (down 0.1%).

Jan 12, 2021 10:54 AM

BAJAJ AUTO share price has hit an all time high at Rs 3,631 (up 0.4%). The BSE AUTO Index is up by 2.1%. Among the top gainers in the BSE AUTO Index today are BAJAJ AUTO (up 0.4%) and MRF (up 3.2%).

Jan 12, 2021 10:52 AM

EICHER MOTOR share price is trading up by 5% and its current market price is Rs 2,928. The BSE AUTO is up by 2.1%. The top gainers in the BSE AUTO Index are EICHER MOTOR (up 5.0%) and TATA MOTORS (up 9.5%). The top losers is MARUTI SUZUKI.

Jan 12, 2021 09:30 am

Asian share markets are trading on a mixed note today tracking a weak finish on Wall Street. The Nikkei is trading down by 0.1%.

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