TATA ELXSI Share Price Up by 10%; BSE IT Index Down 0.2%
Wed, 13 Jan 10:04 AM

TATA ELXSI share price has zoomed 10% and is presently trading at Rs 2,300.

Meanwhile, the BSE IT Index is at 26,907 (down 0.2%).

Among the top Gainers in the BSE IT Index today is TATA ELXSI (up 10.4%).

INFOSYS (down 0.1%) and FIRSTSOURCE SOLUTIONS (down 0.3%) are among the top losers today.

Over the last one year, TATA ELXSI has moved up from Rs 891 to Rs 2,300, registering a gain of Rs 1,409 (up 157.3%).

On the other hand, the BSE IT has moved up from 16,052 to 26,907, registering a gain of 10,855 points (up 66.4%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were TATA ELXSI (up 157.3%), PERSISTENT SYSTEMS (up 143.0%) and FIRSTSOURCE SOLUTIONS (up 138.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,795 (up 0.4%).

The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 6.0%), ONGC (up 3.6%) and SBI (up 2.6%). Other gainers include NTPC (up 2.2%) and M&M (up 2.2%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 14,653 (up 0.4%). The top gainers in the NSE Nifty include BHARTI AIRTEL (up 5.5%), BPCL (up 4.7%) and ONGC (up 3.3%). Other gainers include TATA MOTORS (up 3.0%) and IOC (up 2.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,860 to 49,795, registering a gain of 7,935 points (up 18.73%).

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 46.8x.



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

  

Stock Market Updates

Jan 13, 2021 10:36 AM

INFOSYS share price has hit a 52-week high. It is presently trading at Rs 1,385. BSE 500 Index is up by 0.4% at 19,292. Within the BSE 500, INFOSYS (up 0.9%) and BAJAJ ELECTRICALS (up 12.7%) are among the top gainers, while top losers are SUZLON ENERGY and CORPORATION BANK.

Jan 13, 2021 10:36 AM

EMAMI share price has hit a 52-week high. It is presently trading at Rs 491. BSE 500 Index is up by 0.4% at 19,292. Within the BSE 500, EMAMI (up 2.1%) and BAJAJ ELECTRICALS (up 12.7%) are among the top gainers, while top losers are SUZLON ENERGY and CORPORATION BANK.

Jan 13, 2021 10:18 AM

BAJAJ ELECTRICALS share price is trading up by 10% and its current market price is Rs 795. The BSE CONSUMER DURABLES is down by 0.5%. The top gainers in the BSE CONSUMER DURABLES Index is BAJAJ ELECTRICALS (up 10.4%). The top losers are BLUE STAR (down 0.3%) and VIP INDUSTRIES (down 0.3%).

Jan 13, 2021 10:18 AM

MRPL share price is trading up by 7% and its current market price is Rs 43. The BSE OIL & GAS is up by 2.2%. The top gainers in the BSE OIL & GAS Index are MRPL (up 6.5%) and BPCL (up 5.0%). The top losers are RELIANCE IND. (down 0.1%) and INDRAPRASTHA GAS (down 0.2%).

Jan 13, 2021 10:06 AM

HUDCO share price is trading up by 12% and its current market price is Rs 48. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are HUDCO (up 11.7%) and TATA ELXSI (up 10.4%). The top losers are SRF and INFOSYS.

Jan 13, 2021 09:30 am

Asian share markets opened higher today as investors bet on economic recovery. The Nikkei is trading up by 0.6% while the Shanghai Composite is up 0.2%.

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