TATA ELXSI share price has plunged 11% and is presently trading at Rs 670.
Meanwhile, the BSE IT Index is at 11,297 (down 4.3%).
Among the top losers in the BSE IT Index today are TATA ELXSI (down 11.4%) and NIIT TECHNOLOGIES (down 15.9%).
MPHASIS (up 0.4%) is among the top gainer today.
Over the last one year, TATA ELXSI has moved down from Rs 983 to Rs 670, registering a loss of Rs 313 (down 31.8%)..
The BSE IT has moved down from 14,985 to 11,297, loss of 3,688 points (down 24.6%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were [param_historic_top3].
Revealed: 3 Stocks for Potentially Massive Gains
The BSE Sensex is at 27,773 (down 6.2%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 1.4%). The most traded stocks in the BSE Sensex are POWER GRID.
In the meantime, NSE Nifty is at 8,099 (down 6.2%). POWER GRID (up 2.1%) and NTPC (up 1.6%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,095 to 27,773, registering a loss of 10,322 points (down 28.91%).
TATA ELXSI net profit stood at Rs 754 million for the quarter ended December 2019, compared to a profit of Rs 660 million a year ago. Net Sales rose 4.0% to Rs 4.2 billion during the period as against Rs 4.1 billion in October-December 2018.
For the year ended March 2018, TATA ELXSI reported 37.3% increase in net profit to Rs 2.4 billion compared to net profit of Rs 1.7 billion during FY17.
Revenue of the company grew 12.0% to Rs 14 billion during FY18.
The current Price to earnings ratio of TATA ELXSI, based on rolling 12 month earnings, stands at 15.2x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
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