The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

    Tata Elxsi shares zoom nearly 11% after Q3 earnings

    Synopsis

    The company on Tuesday said its net profit increased 39.5 per cent to Rs 105.2 crore for the December 2020 quarter.

    ETAuto

    INSIGHTS

    Read Stock Insights by ET for a quick analysis

    PEER COMPANIES

    Explore Now
    NEW DELHI: Shares of Tata Elxsi on Wednesday jumped nearly 11 per cent after the firm's net profit increased 39.5 per cent for the December 2020 quarter. The stock zoomed 10.72 per cent to its one-year high of Rs 2,299.90 on BSE.

    On NSE, it climbed 10.17 per cent to Rs 2,300.

    The company on Tuesday said its net profit increased 39.5 per cent to Rs 105.2 crore for the December 2020 quarter.

    It had registered a net profit of Rs 75.4 crore in the year-ago period, Tata Elxsi said in a regulatory filing.

    Its revenue from operations rose 12.7 per cent to Rs 477.1 crore for the said quarter from Rs 423.4 crore in the corresponding period last fiscal, it added.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Read before you invest. Insights on Tata Elxsi Ltd.. Explore Now
    The Economic Times