Tata Elxsi hits fresh record high; stock surges 42% in one month

Shares of Tata Elxsi moved higher to its fresh record high of Rs 1,710, up 6 per cent on the BSE on Friday. In the past one month, the stock of the information technology (IT) software services company has rallied 42 per cent, as compared to 8 per cent rise in the S&P BSE Sensex. In the past three months, it has zoomed 88 per cent as against 7 per cent gain in the benchmark index.

Tata Elxsi, a Tata group company, is amongst the world’s leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare and transportation.