TATA ELXSI share price has plunged 6% and is presently trading at Rs 1,146.
Meanwhile, the BSE IT Index is at 18,479 (down 0.2%).
Among the top losers in the BSE IT Index today are TATA ELXSI (down 5.5%) and ECLERX SERVICES (down 6.7%).
WIPRO (up 1.3%) and INFOSYS (up 0.3%) are among the top gainers today.
Over the last one year, TATA ELXSI has moved up from Rs 649 to Rs 1,146, registering a gain of Rs 497 (up 76.6%)..
The BSE IT has moved up from 16,011 to 18,479, registering a gain of 2,468 points (up 15.4%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were INFIBEAM AVENUES (up 90.2%), PERSISTENT SYSTEMS (up 84.1%) and MINDTREE (up 71.8%).
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The BSE Sensex is at 40,010 (down 0.6%). The top gainers among the BSE Sensex stocks today are ONGC (up 3.1%). The most traded stocks in the BSE Sensex are ONGC and HDFC BANK.
In the meantime, NSE Nifty is at 11,794 (down 0.7%). ONGC (up 3.4%) and BHARTI INFRATEL (up 2.6%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,452 to 40,010, registering a gain of 2,558 points (up 4.77%).
TATA ELXSI net profit stood at Rs 821 million for the quarter ended March 2020, compared to a profit of Rs 754 million a year ago. Net Sales rose 3.6% to Rs 4.4 billion during the period as against Rs 4.2 billion in January-March 2019.
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 26.2x. p >
What else is happening in the markets today? Dig in...
DEEPAK NITRITE share price is trading up by 13% and its current market price is Rs 1,553. The BSE 500 is up by 1.4%. The top gainers in the BSE 500 Index are DEEPAK NITRITE (up 12.8%) and JUST DIAL (up 14.2%). The top losers are BAJAJ HOLDINGS & INVESTMENT and CADILA HEALTHCARE .
HIMADRI SPECIALITY CHEMICAL share price is trading down by 11% and its current market price is Rs 55. The BSE 500 is up by 1.4%. The top gainers in the BSE 500 Index are RCF (up 20.0%) and MMTC (up 20.0%). The top losers is HIMADRI SPECIALITY CHEMICAL (down 11.3%).
TV18 BROADCAST share price is trading up by 13% and its current market price is Rs 33. The BSE 500 is up by 1.4%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 12.7%) and JUST DIAL (up 13.1%). The top losers are SHILPA MEDICARE and SOBHA .
RITES share price is trading up by 7% and its current market price is Rs 263. The BSE CAPITAL GOODS is up by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are RITES (up 6.7%) and GRINDWELL NORTON (up 5.8%). The top losers are SADBHAV ENGINEERING (down 0.1%) and HINDUSTAN AERO. (down 0.2%).
MRPL share price is trading up by 9% and its current market price is Rs 45. The BSE OIL & GAS is up by 1.9%. The top gainers in the BSE OIL & GAS Index are MRPL (up 9.3%) and CASTROL INDIA (up 5.1%). The top losers is PETRONET LNG (down 1.8%).
Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 378 points, up 0.7% at 49,478 levels.
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