Tata Elxsi Plunges 5%; BSE IT Index Down 5.2%
Wed, 3 Jun 12:17
Image source: phive2015/www.istockphoto.comTata Elxsi share price has plunged 5% and is presently trading at Rs 4,292.2.
Meanwhile, the BSE IT index is at 28,533.7 (down 5.2%).
Among the top losers in the BSE IT index today are TCS (down 8.8%) and LTIMINDTREE (down 8.0%).
INDIAMART INTERMESH (up 0.2%) is among the top gainers today.
Over the last one year, Tata Elxsi has moved down from Rs 6,413.4 to Rs 4,292.2, registering a loss of Rs 2,121.2 (down 33.1%).
On the other hand, the BSE IT index has moved down from 36,681.9 to 28,533.7, registering a loss of 22.2% during the last 12 months.
The top losers among the BSE IT index stocks during this same period were ROUTE MOBILE (down 45.5%), KPIT TECHNOLOGIES (down 41.9%) and ZENSAR TECHNOLOGIES (down 39.4%).
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What About the Benchmark Indices?
The BSE Sensex is at 73,606.2 (down 1.4%).
The top losers among the BSE Sensex today are TCS (down 8.8%) and Tech Mahindra (down 6.2%). The most traded stocks in the BSE Sensex are TCS and ITC.
In the meantime, NSE Nifty is at 23,180.7 (down 1.3%). TCS and Tech Mahindra are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved down from 81,373.8 to 73,606.2, registering a loss of 7,767.6 points (down 9.5%).
Tata Elxsi Financial Update...
Tata Elxsi net profit grew 27.8% YoY to Rs 2,204 million for the quarter ended March 2026, compared to a profit of Rs 1,724 million a year ago. Net sales rose 9.4% to Rs 9,938 million during the period as against Rs 9,083 million in January-March 2025.
For the year ended March 2026, Tata Elxsi reported 19.9% decrease in net profit to Rs 6,284 million compared to net profit of Rs 7,849 million during FY25. Revenue of the company grew 0.8% to Rs 37,574 million during FY26.
The current Price to earnings ratio of Tata Elxsi, based on rolling 12 month earnings, stands at 42.5.
Indian Share Market Update: Top Gainers and Losers
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