The centre in Bangalore will be a new hub for the two companies to develop crucial EV systems, such as battery management systems and motor control units
According to an analysis done by IIFL Alternative Research, 15 companies are set to migrate from FTSE All-Cap index to FTSE All-World
The company reported ₨ 635.4 crores of revenue from operations for Q3FY22, a growth of 6.7 per cent from the previous quarter.
The company is among the world's leading design and technology services providers across industries, including Automotive, Broadcast, Communications, Healthcare, and Transportation
Tata Elxsi on Friday said its net profit increased 58.9 per cent to Rs 125.3 crore in September 2021 quarter. The company had registered a net profit of Rs 78.8 crore in the year-ago period, Tata Elxsi said in a regulatory filing. Revenue from operations rose to Rs 595.3 crore in the quarter under review from Rs 430.1 crore in the corresponding period last fiscal, it added. The company's growth was powered by Embedded Product Design (EPD), the company's largest division, at 10.6 per cent quarter-on-quarter and 34.4 per cent year-on-year in constant currency terms, it said. Within EPD, the automotive business posted a smart double-digit q-o-q growth of 12.9 per cent and 29 per cent y-o-y, led by Electric and Autonomous technologies, and a strong deal inflow and pipeline provides confidence for continued growth in the transportation vertical, it added. Media & Communications delivered a steady quarter with 7.8 per cent q-o-q and 32.9 per cent y-o-y growth respectively, while ...
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
With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan
Above 15,900, Nifty could move towards 16,300 target, while any level below 15,673 could drag Nifty towards 15,500 support
In the past one year, the stock has zoomed 432 per cent, against 54 per cent jump in the benchmark S&P BSE Sensex
The company's net profit increased 40.3 per cent in the March 2021 quarter
The company announced a final dividend of Rs 24 per share for the year 2020-21 along with a one-time special dividend of Rs 24 per share, subject to tax
Infrastructure investment trust IndiGrid on Thursday announced a public issue of non-convertible debt securities to raise up to Rs 1,000 crore
In the past two quarters, FPIs have increased their stake in the company by 2.08 percentage points
A 56 per cent stock uptick since December caps upside
Going forward, the company is expected to report robust numbers based on multiyear large deals won by the company and ramp up of previous deals
Bharti Airtel said it is initiating the process to revise its foreign investment limit to 100 per cent with immediate effect
Tata Elxsi on Tuesday said its net profit has increased 39.5 per cent to Rs 105.2 crore for the December 2020 quarter. The company had registered a net profit of Rs 75.4 crore in the year-ago period, Tata Elxsi said in a regulatory filing. Its revenue from operations rose 12.7 per cent to Rs 477.1 crore for the said quarter from Rs 423.4 crore in the corresponding period last fiscal, it added. In a statement, Tata Elxsi CEO and Managing Director Manoj Raghavan said the company saw all-round growth across industries and geographies. "We continue to execute strongly on both top line and bottom line, with double-digit quarter-on-quarter revenue growth and industry-leading operating margins. Our Healthcare business continues to accelerate, while Media and Communications reported another strong quarter of sustained growth," he said. Raghavan added that the company has seen new customer additions and large deals in both the industries in the quarter. "We are seeing a sustained recovery
The change in colour, sometimes exhibits a shift in trend as well as sentiment
In the past three months, it has zoomed 88 per cent as against 7 per cent gain in the benchmark S&P BSE Sensex index
The OFSS counter is heading towards Rs 3,600-mark as per the weekly chart.