TATA ELXSI Share Price Down by 7%; BSE IT Index Down 1.9%
Fri, 15 Jan 03:25 PM

TATA ELXSI share price has plunged 7% and is presently trading at Rs 2,529.

Meanwhile, the BSE IT Index is at 26,912 (down 1.9%).

Among the top losers in the BSE IT Index today are TATA ELXSI (down 6.6%) and L&T TECHONOLOGY (down 6.7%).

ECLERX SERVICES (up 0.7%) is among the top gainer today.

Over the last one year, TATA ELXSI has moved up from Rs 891 to Rs 2,529, registering a gain of Rs 1,638 (up 183.8%)..

The BSE IT has moved up from 16,052 to 26,912, registering a gain of 10,860 points (up 67.7%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were TATA ELXSI (up 160.6%), PERSISTENT SYSTEMS (up 138.0%) and L&T INFOTECH (up 133.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,657 (down 1.1%). The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 3.8%). The most traded stocks in the BSE Sensex are ITC and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 14,617 (down 1.1%). TATA MOTORS (up 6.1%) and BHARTI AIRTEL (up 4.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,860 to 49,657, registering a gain of 7,797 points (up 17.12%).

TATA ELXSI Financial Update...

TATA ELXSI net profit stood at Rs 1 billion for the quarter ended December 2020, compared to a profit of Rs 754 million a year ago. Net Sales rose 12.7% to Rs 4.8 billion during the period as against Rs 4.2 billion in October-December 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 43.2x.



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

  

Stock Market Updates

Jan 15, 2021 Closing

Indian share markets witnessed heavy selling pressure today, pausing the record rally, with all sectors barring telecom, reeling under pressure.

Jan 15, 2021 03:01 PM

VODAFONE IDEA share price is trading up by 10% and its current market price is Rs 14. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are VODAFONE IDEA (up 10.3%) and TATA METALIK (up 20.0%). The top losers are TATA INVESTMENT and DHANUKA AGRITECH.

Jan 15, 2021 02:43 PM

INDIAN ENERGY EXCHANGE share price has hit a 52-week high. It is presently trading at Rs 235. BSE 500 Index is down by 1.1% at 19,238. Within the BSE 500, INDIAN ENERGY EXCHANGE (up 1.8%) and TATA METALIK (up 17.2%) are among the top gainers, while top losers are L&T TECHONOLOGY and DISHMAN CARBOGEN AMCIS.

Jan 15, 2021 02:27 PM

SCHNEIDER ELECTRIC INFRA share price is trading down by 5% and its current market price is Rs 100. The BSE CAPITAL GOODS is down by 2.1%. The top gainers in the BSE CAPITAL GOODS Index is CARBORUNDUM UNIVERSAL (up 1.0%). The top losers is SCHNEIDER ELECTRIC INFRA (down 5.2%).

Jan 15, 2021 02:27 PM

CANARA BANK share price is trading down by 5% and its current market price is Rs 145. The BSE BANKEX is down by 1.4%. The top losers is CANARA BANK (down 5.3%).

Jan 15, 2021 02:25 PM

SHOPPERS STOP share price is trading down by 7% and its current market price is Rs 218. The BSE 500 is down by 1.5%. The top gainers in the BSE 500 Index are VODAFONE IDEA (up 5.6%) and NIPPON LIFE INDIA AMC (up 5.3%). The top losers are SHOPPERS STOP (down 6.8%) and L&T TECHONOLOGY (down 6.0%).

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