Tata Elxsi Share Price:

The shares of Tata Group's company Tata Elxsi saw a huge jump on Friday. Know the reason!

Due to the strong growth outlook, the share price of Tata Group's company Tata elxsi has reached its 52-week high.

Shares of Tata Elxsi saw a huge jump on Friday. On the BSE, it closed at Rs 10,300 with a gain of 8.44%.

In a single day, the share price increased by more than Rs 800. Its price reached Rs 10,398.40 during trading.

Shares of Tata Elxsi have gained 28 percent in the last month. At the same time, the BSE index rose 10 percent.

The profit after tax of Tata Elxsi stood at Rs 185 crore, which is 15.4 percent higher than the previous quarter.

The company declared its quarterly results last month. According to the company, its order book is strong.

The company's revenue in the first quarter of this financial year stood at Rs 726 crore, which is 6.5 percent higher than the previous quarter.

Tata Alexi provides engineering services to transportation, media and broadcasting, and healthcare companies.

Tata elxsi share details: Mkt cap: 63.79TCr P/E ratio: 103.29 Div yield: 0.41% 52-wk high: 10,374.95 52-wk low: 4,203.10

Tata Alexi also offers its services in the US and European countries; about 75 percent of its revenue comes from these countries.