{"id":103885,"date":"2023-06-08T14:53:17","date_gmt":"2023-06-08T09:23:17","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=103885"},"modified":"2023-06-08T14:53:19","modified_gmt":"2023-06-08T09:23:19","slug":"tata-stock-jumps-3-after-the-company-partners-with-isro-for-gaganyaan-mission","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/tata-stock-jumps-3-after-the-company-partners-with-isro-for-gaganyaan-mission\/","title":{"rendered":"Tata stock jumps 3% after the company partners with ISRO for Gaganyaan Mission"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2720402074\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>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.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1666900793\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>In the last one-month period, the stock has gained over 15 percent ranging from Rs 6,779.30 to the current price levels. The company has a market capitalization of Rs 48,687 crores.&nbsp;<\/p><p>The surge in stock prices is observed after a press release by the company announcing that it has partnered with the Indian Space Research Organization (ISRO) for the upcoming \u2018Gaganyaan\u2019 Mission.&nbsp;<\/p><p>The mission includes a demonstration of the capability of human spaceflight by way of launching the crew into an orbit of 400 kilometers for a three-day period and safely bringing them back to Earth by landing the same in the Indian sea waters.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1755876207\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The Tata Group company has made the design and developed the Crew Module Recovery Models (CMRM) for the purpose of training the recovery team of the space mission. One of the project\u2019s key requirements where the above-mentioned models will come into play is the safe recovery of the crew with minimum lapse of time.\u00a0<\/p><p>The models, designed and fabricated by <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TATAELXSI\/standalone?defaul=true\" target=\"_blank\" rel=\"noreferrer noopener\">Tata Elxsi<\/a><\/strong>, simulate the centre of gravity, mass, outer dimensions, and externals of the actual crew module. The company has also emerged as the preferred partner for other similar ISRO projects.\u00a0<\/p><p>Tata Elxsi Limited is a company based in India that provides technology as well as design services for sectors such as defense &amp; aerospace, communications, healthcare, etc. It has domestic operations within India, and, apart from that, conducts overseas operations in the European, North American, and Asia-Pacific regions.<\/p><p>The company is fundamentally strong with its current stock being at a discount of around 27 percent from its 52-week high levels.<\/p><p>The latest shareholding data exhibits the Promoters holding a 43.92 percent stake, and Foreign Institutional Investors (FIIs) holding a 13.85 percent stake in the company.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><p><strong>Disclaimer<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-4028626703\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3270664525\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>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.&nbsp; In the last one-month period, the stock has [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":18629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[3358,6070,4500,2446,9273,3328,3105,3104,3103,5608,3678,5996,4141,2822,2727],"class_list":["post-103885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-fii-holding","tag-fii-latest-news","tag-fii-stocks","tag-tata-elxsi","tag-tata-elxsi-latest-news","tag-tata-elxsi-results","tag-tata-elxsi-returns","tag-tata-elxsi-share","tag-tata-group-stock","tag-tata-group-stock-to-buy-in-2023","tag-tata-group-stocks","tag-tata-group-stocks-2023","tag-tata-group-stocks-returns","tag-tata-groups","tag-tata-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tata stock jumps 3% after the company partners with ISRO for Gaganyaan Mission - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The stocks of Tata Elxsi Limited opened their trading hour today at Rs 7,920 and currently trades at Rs 7,820. 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