Tata Elxsi shares zoom nearly 10% after Q4 earnings
Shares of Tata Elxsi gained nearly 10 per cent in morning trade on Friday after the company s net profit increased 40.3 per cent in the March 2021 quarter.
The stock jumped 9.64 per cent to Rs 3,340 its 52-week high on the BSE.
At the NSE, it zoomed 9.57 per cent to its 52-week high of Rs 3,340.
Tata Elxsi on Thursday said its net profit has increased 40.3 per cent to Rs 115.16 crore in the March 2021 quarter.
The company had registered a net profit of Rs 82.08 crore in the year-ago period, Tata Elxsi said in a regulatory filing.
Shares of Tata Elxsi closed with a gain of nearly 6 per cent on Friday after the company s net profit increased 40.3 per cent in the March 2021 quarter. The stock, which jumped 9.64 per cent to Rs 3,340 its 52-week high on the BSE during the day, later closed at Rs 3,191.95, a gain of 4.78 per cent. On the NSE, it closed 5.72 per cent higher at Rs 3,222.75 after zooming 9.57 per cent to its 52-week high of Rs 3,340 during the day.
Tata Elxsi on Thursday said its net profit has increased 40.3 per cent to Rs 115.16 crore in the March 2021 quarter. The company had registered a net profit of Rs 82.08 crore in the year-ago period, Tata Elxsi said in a regulatory filing.
Tata Elxsi Q4 results: Net profit surges 40% to Rs 115 cr
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Last Updated: Apr 22, 2021, 10:30 PM IST
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Its revenue from operations rose 18.1 per cent to Rs 518.39 crore for the said quarter from Rs 438.88 crore in the corresponding period last fiscal, it added.
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The company had registered a net profit of Rs 82.08 crore in the year-ago period, Tata Elxsi said in a regulatory filing.
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NEW DELHI:
Tata Elxsi on Thursday said its net profit has increased 40.3 per cent to Rs 115.16 crore in the March 2021 quarter.
The company had registered a net profit of Rs 82.08 crore in the year-ago period, Tata Elxsi said in a regulatory filing.
Tata Elxsi share rises 11% post strong Q3 earnings
Share of Tata Elxsi touched an intraday high of Rs 2,299.9, rising 10.73% against the previous close of Rs 2,087.60 on BSE
BusinessToday.In | January 13, 2021 | Updated 12:14 IST
Tata Elxsi share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Tata Elxsi share rose nearly 11% today after the product design arm of the Tata Group reported a 39.5 per cent rise in Q3 net profit. Share of Tata Elxsi touched an all-time high of Rs 2,299.9, rising 10.73% against the previous close of Rs 2,087.60 on BSE.
The stock opened with a gain of 4.86% at Rs 2,150.
Tata Elxsi share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The stock has gained 23.24% since the beginning of this year and risen 153.46% since the beginning of this year.
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.