Tata Elxsi Ltd in demand, spurts nearly 3%
by Admin |25/04/2018
Tata Elxsi Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1239.8, up 2.97% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.28% on the day, quoting at 10585.05. The Sensex is at 34558.76, down 0.17%. Tata Elxsi Ltd has added around 26.85% in last one month.
Meanwhile, Nifty IT index of which Tata Elxsi Ltd is a constituent, has added around 12.01% in last one month and is currently quoting at 13734.8, up 1.63% on the day. The volume in the stock stood at 12.85 lakh shares today, compared to the daily average of 8.3 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 1247.9, up 3.38% on the day. Tata Elxsi Ltd is up 58.05% in last one year as compared to a 13.19% gain in NIFTY and a 40.06% gain in the Nifty IT index.
The PE of the stock is 35.2 based on TTM earnings ending December 17.