The shares of top design and technology services providers increased by up to 3% after the business announced a partnership with AccuKnox for 5G Managed security services for operators. With a market capitalization of Rs 49,033.36 core, the shares of Tata Elxsi Ltd were trading at Rs 7,873.50 per share, increasing around 1.11 percent as [...]
In the interim budget, the government has allocated a total of Rs 15,500 crore for various electronics manufacturing programs in the fiscal year 2024-25. This allocation is aimed at promoting semiconductor manufacturing, the production of electronic chips, and supporting the mobile and IT hardware industry through the Production-Linked Incentive (PLI) scheme. Notably, Rs 6,903 crore [...]
As the earnings season for Q3 results took center stage at the beginning of 2024, strong performances from companies propelled the index to rally in the last 15 trading sessions. However, in the last five trading sessions, the Sensex fell by around 1.22 percent, and the Nifty 50 index also experienced a decline of 1.24 [...]
Global brokerage JP Morgan believes that demand deterioration in the IT Sector persists in the June quarter as well and that a quick recovery is unlikely over the next six to nine months. It trimmed its Street-low estimates by 1-3 percentage points for a few IT stocks including Tata Elxsi, to bake in the weakness [...]
A ‘Dividend’ is usually defined as the distribution of a company's earnings to its shareholders and is determined by its Board of Directors. Dividends are often been distributed once in three months and the mode of payment could be in cash or in the form of reinvestment in additional stocks of the company. Moreover, an [...]
The stocks of Tata Elxsi Limited opened their trading hour today at Rs 7,920 and currently trades at Rs 7,820. The scrip witnessed an intra-day high mark of Rs 7,947 indicating a gain of around 3 percent as compared to the previous closing levels of Rs 7,693.05. In the last one-month period, the stock has [...]
Domestic Benchmark indices displayed a strong showing on Monday, as they added around 0.8%. The thirty-share index (BSE Sensex) jumped 500 points and ended at 58410 points, while the thirty-share index (NSE Nifty 50) climbed 126 points to end at 17,311 points On Friday, the markets ended marginally higher amid volatility. The BSE Sensex quoted [...]
On Friday, Tata Exlsi limited became the first Tata group stock that crossed the 10k mark. In the early trading session on Friday, the stock opened at Rs 9,727 and spiked by 3% to reach its new levels of Rs 10,040. The rally continued on Tuesday, as the shares opened at Rs 10,438 and zoomed [...]
Tata Elxsi, the IT and Software company of Tata Group, also working in the Artificial Intelligence industry, has given a return of over 1,200 % in the last two years. The Tata Elxsi stock has surged to Rs 8,450 in March 22 from a share price of Rs 639 in March’20 two years back. In the [...]
