TATA ELXSI at All Time High; BSE IT Index Down 0.2%
Fri, 23 Apr 09:50 AM

TATA ELXSI share price has hit an all-time high at Rs 3,310 (up 7.6%).

Meanwhile, the BSE IT Index is at 26,469 (down 0.2%).

Among the top gainers in the BSE IT Index today are TATA ELXSI (up 7.6%) and L&T INFOTECH (up 2.3%).

HEXAWARE TECHNOLOGIES and WIPRO (down 0.5%) are among the top losers today.

Over the last one year, TATA ELXSI has moved up from Rs 730 to Rs 3,310, registering a gain of Rs 2,580 (up 349.1%).

The BSE IT has moved up from 12,989 to 26,469, registering a gain of 13,480 points (up 103.4%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 712.5%), TATA ELXSI (up 349.1%) and PERSISTENT SYSTEMS (up 291.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 48,022 (down 0.5%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 4.5%), TATA STEEL (up 1.8%) and ASIAN PAINTS (up 1.7%). Other gainers include TITAN (up 0.9%) and HCL TECHNOLOGIES (up 0.8%). The most traded stocks in the BSE Sensex are POWER GRID and TATA STEEL.

In the meantime, NSE Nifty is at 14,402 (down 0.4%). The top gainers in the NSE Nifty include POWER GRID (up 4.5%), SBI LIFE INSURANCE (up 2.4%) and TATA STEEL (up 1.9%). Other gainers include HINDALCO (up 1.8%) and ASIAN PAINTS (up 1.6%).

Over the last 12 months, the BSE Sensex has moved up from 31,648 to 48,022, registering a gain of 16,374 points (up 51.1%).

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 60.9x.



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

  

Stock Market Updates

Apr 23, 2021 12:58 PM

QUESS CORP share price is trading up by 8% and its current market price is Rs 587. The BSE IT is down by 0.3%. The top gainers in the BSE IT Index are QUESS CORP (up 7.5%) and TATA ELXSI (up 8.5%). The top losers are TCS (down 0.3%) and INFOSYS (down 0.7%).

Apr 23, 2021 12:30 pm

Share markets in India are presently trading marginally lower. The BSE Sensex is trading down by 17 points, flat at 48,064 levels.

Apr 23, 2021 09:30 am

Indian share markets open lower. The BSE Sensex opened down by 145 points, while the Nifty is trading lower by 39 points.

Apr 23, 2021 09:44 AM

JSW STEEL share price has hit a 52-week high. It is presently trading at Rs 653. BSE 500 Index is down by 0.1% at 19,344. Within the BSE 500, JSW STEEL (up 0.9%) and TV18 BROADCAST (up 8.0%) are among the top gainers, while top losers are CORPORATION BANK and ANDHRA BANK.

Apr 23, 2021 09:26 AM

INOX WIND share price is trading up by 11% and its current market price is Rs 96. The BSE CAPITAL GOODS is up by 0.3%. The top gainers in the BSE CAPITAL GOODS Index is INOX WIND (up 11.3%). The top losers are HONEYWELL AUTOMATION (down 0.2%) and NBCC (INDIA) (down 0.2%).

Apr 23, 2021 09:26 AM

SHEELA FOAM share price is trading up by 6% and its current market price is Rs 2,150. The BSE FMCG is down by 0.2%. The top gainers in the BSE FMCG Index are SHEELA FOAM (up 5.6%) and GSK CONSUMER (up 5.1%). The top losers are P&G HYGIENE and DABUR .

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