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Tata Elxsi Ltd sees good buying

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Capital Market

Tata Elxsi Ltd is quoting at Rs 798.25, up 1.67% on the day as on 12:54 IST on the NSE. The stock is down 4.83% in last one year as compared to a 16.39% fall in NIFTY and a 12.57% fall in the Nifty IT index.

Tata Elxsi Ltd rose for a third straight session today. The stock is quoting at Rs 798.25, up 1.67% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.03% on the day, quoting at 9383.2. The Sensex is at 32017.06, up 2.06%. Tata Elxsi Ltd has added around 8.75% in last one month.

 

Meanwhile, Nifty IT index of which Tata Elxsi Ltd is a constituent, has added around 8.5% in last one month and is currently quoting at 13687.75, up 0.69% on the day. The volume in the stock stood at 3.96 lakh shares today, compared to the daily average of 6.43 lakh shares in last one month.

The PE of the stock is 19.06 based on TTM earnings ending March 20.

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First Published: May 13 2020 | 1:05 PM IST

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