Shares of TATA Elxsi reached their all-time high due to the better performance in two consecutive sessions. In the last one year, this stock of Tata has given 235 percent return to its shareholders. The bounce seen on the NSE on Friday continued on Monday as well. Let us tell you, during this time there has been a jump of 18% (Rs 7610 to Rs 9010) in the prices.
According to experts, the Tata group company has a diversified portfolio. Where its target is driverless car in the auto sector. At the same time, it provides services of artificial intelligence and digital learning to companies like Amazon, Audi, Google. Along with this, the eyes are also on the entertainment industry. This is the reason for the increase in the share prices of Tata Elxsi.
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On the continuing jump in Tata Elxsi shares, Avinash, Head of Research, Profitmart Securities, says, “The company is offering its services in the EV segment. This is the reason why the shares of the company had seen an increase in the recent sessions. Apart from this, the company has reported margin improvement and strong book orders in the third quarter. At the same time, the company is also giving its facilities to companies like Amazon, Google.
how to increase share price
In the last one month, the share price of the company has increased from Rs 6430 per share to the level of Rs 9010 per share. Whereas if we talk about the last 6 months, then the company’s share price has seen an increase of 60%.