Tata Elxsi gains 5%, hits record high in a weak market

In the past three months, the stock has outperformed the market by surging 45 per cent as the company delivered strong and consistent growth in December quarter.

Shares of Tata Elxsi moved higher by 5 per cent to a record high level of Rs 7,971.90 on the BSE in Friday’s intra-day trade in an otherwise weak market. The stock of Tata Group Company surpassed its previous high of Rs 7,949 touched on February 1, 2022.

Tata Elxsi is amongst the world’s leading providers of design and technology services across industries, including automotive, media, communications, healthcare, and transportation.

In the past three months, the stock has outperformed the market by surging 45 per cent after the company delivered strong and consistent growth, with 33.2 per cent