TATA ELXSI share price has hit an all-time high at Rs 4,171 (up 3.6%).
Meanwhile, the BSE IT Index is at 30,132 (up 0.7%).
Among the top gainers in the BSE IT Index today are TATA ELXSI (up 3.6%) and L&T INFOTECH (up 0.5%).
HEXAWARE TECHNOLOGIES and TCS are among the top losers today.
Over the last one year, TATA ELXSI has moved up from Rs 898 to Rs 4,171, registering a gain of Rs 3,274 (up 362.0%).
The BSE IT has moved up from 14,895 to 30,132, registering a gain of 15,237 points (up 101.9%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 546.4%), FIRSTSOURCE SOLUTIONS (up 402.5%) and TATA ELXSI (up 362.0%).
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The BSE Sensex is at 52,764 (up 0.4%). The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 2.1%), TITAN (up 1.1%) and INFOSYS (up 0.9%). Other gainers include M&M (up 0.9%) and TATA STEEL (up 0.8%). The most traded stocks in the BSE Sensex are ONGC and ITC.
In the meantime, NSE Nifty is at 15,813 (up 0.4%). The top gainers in the NSE Nifty include MARUTI SUZUKI (up 2.0%), JSW STEEL (up 1.3%) and HINDALCO (up 1.2%). Other gainers include TITAN (up 1.2%) and TATA CONSUMER (up 1.1%).
Over the last 12 months, the BSE Sensex has moved up from 34,962 to 52,764, registering a gain of 17,802 points (up 50.9%).
TATA ELXSI net profit stood at Rs 1 billion for the quarter ended March 2021, compared to a profit of Rs 1 billion a year ago. Net Sales rose 8.7% to Rs 5.2 billion during the period as against Rs 4.8 billion in January-March 2020.
For the year ended March 2021, TATA ELXSI reported 43.7% increase in net profit to Rs 3.7 billion compared to net profit of Rs 2.6 billion during FY20.
Revenue of the company grew 13.4% to Rs 18 billion during FY21.
The current Price to earnings ratio of TATA ELXSI, based on rolling 12 month earnings, stands at 70.2x.>
What else is happening in the markets today? Dig in...
Asian share markets rose today tracking Wall Street indices after rising consumer confidence in economic recovery boosted the Nasdaq index to its highest-ever closing level.
TATA ELXSI share price is trading up by 5% and its current market price is Rs 4,209. The BSE IT is up by 0.7%. The top gainers in the BSE IT Index is TATA ELXSI (up 5.2%). The top losers is FIRSTSOURCE SOLUTIONS (down 2.1%).
SADBHAV ENGINEERING share price is trading up by 6% and its current market price is Rs 94. The BSE CAPITAL GOODS is up by 0.6%. The top gainers in the BSE CAPITAL GOODS Index is SADBHAV ENGINEERING (up 5.6%). The top losers are AIA ENGINEERING (down 0.5%) and SCHAEFFLER INDIA (down 0.6%).
RELIANCE POWER share price is trading up by 5% and its current market price is Rs 16. The BSE POWER is down by 0.7%. The top gainers in the BSE POWER Index is RELIANCE POWER (up 5.0%). The top losers are NHPC (down 0.6%) and NTPC (down 0.6%).
CIPLA share price has hit an all time high at Rs 997 (up 0.7%). The BSE HEALTHCARE Index is up by 0.5%. Among the top gainers in the BSE HEALTHCARE Index today are CIPLA (up 0.7%) and ABBOTT INDIA (up 0.5%). The top losers include SYNGENE INTERNATIONAL and TORRENT PHARMA (down 0.1%).
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