TATA ELXSI share price has zoomed 5% and is presently trading at Rs 1,736.
Meanwhile, the BSE IT Index is at 24,167 (up 2.4%).
Among the top Gainers in the BSE IT Index today are TATA ELXSI (up 5.1%) and MINDTREE (up 5.4%).
ORACLE FINANCIAL is among the top loser today.
Over the last one year, TATA ELXSI has moved up from Rs 856 to Rs 1,736, registering a gain of Rs 881 (up 102.9%).
On the other hand, the BSE IT has moved up from 15,710 to 24,167, registering a gain of 8,457 points (up 53.8%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were PERSISTENT SYSTEMS (up 112.6%), INTELLECT DESIGN (up 111.5%) and L&T INFOTECH (up 109.1%).
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The BSE Sensex is at 46,342 (up 0.7%).
The top gainers among the BSE Sensex stocks today are INFOSYS (up 2.6%), M&M (up 2.4%) and SBI (up 2.1%). Other gainers include INDUSIND BANK (up 2.0%) and BAJAJ FINANCE (up 1.7%). The most traded stocks in the BSE Sensex are SBI and INFOSYS.
In the meantime, NSE Nifty is at 13,569 (up 0.7%). The top gainers in the NSE Nifty include WIPRO (up 4.8%), INFOSYS (up 2.8%) and CIPLA (up 2.8%). Other gainers include M&M (up 2.4%) and SBI (up 2.3%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 41,643 to 46,342, registering a gain of 4,699 points (up 11.21%).
TATA ELXSI net profit stood at Rs 789 million for the quarter ended September 2020, compared to a profit of Rs 754 million a year ago. Net Sales rose 1.6% to Rs 4.3 billion during the period as against Rs 4.2 billion in July-September 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 35.4x. p >
What else is happening in the markets today? Dig in...
IFCI share price is trading up by 13% and its current market price is Rs 11. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index are IFCI (up 12.6%) and SYMPHONY (up 17.1%). The top losers are PRESTIGE ESTATES and TV TODAY NETWORK .
IRB INFRA share price is trading up by 5% and its current market price is Rs 113. The BSE REALTY is up by 0.1%. The top gainers in the BSE REALTY Index are IRB INFRA (up 5.1%) and INDIABULLS REAL EST (up 5.5%). The top losers are PRESTIGE ESTATES (down 0.2%) and OMAXE (down 0.5%).
Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 209 points, up 0.4% at 50,058 levels.
TATA MOTORS DVR share price is trading up by 5% and its current market price is Rs 139. The BSE AUTO is up by 2.3%. The top gainers in the BSE AUTO Index is TATA MOTORS DVR (up 5.3%). The top losers is MOTHERSON SUMI (down 0.2%).
BASF INDIA share price is trading up by 11% and its current market price is Rs 2,120. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index are BASF INDIA (up 11.5%) and SYMPHONY (up 11.7%). The top losers are THE RAMCO CEMENTS and ESCORTS LIMITED (down 0.1%).
MINDTREE share price is trading up by 5% and its current market price is Rs 1,715. The BSE IT is up by 1.9%. The top gainers in the BSE IT Index is MINDTREE (up 5.0%). The top losers are PERSISTENT SYSTEMS (down 0.8%) and TATA ELXSI (down 1.4%).
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