Stock of this Tata Group company has zoomed over 1,100% from March 2020 low

In the past one year, the stock of Tata Elxsi has rallied 345 per cent, as compared to a 50-per cent surge in the S&P BSE Sensex

Tata Elxsi shares defied the weak market mood and hit a new high of Rs 6,274.70, up 7.5 per cent on the BSE in Wednesday’s intra-day trade. In comparison, the S&P BSE Sensex was down 0.36 per cent at 59,531 points at 01:53 pm.

In the past one year, the stock of the Tata Group information technology (IT) products company has rallied 345 per cent, as compared to a 50-per cent surge in the S&P BSE Sensex. Moreover, the market price of Tata Elxsi has skyrocketed 1,152 per cent or Rs 5,774 from its March 25, 2020 level of