Tata Elxsi Extends Gains Stock Rises 15% In Two Sessions


Tata Elxsi on Tuesday surged 5.11% to Rs 1568 at 11:55 hours IST on BSE. The stock extended Monday's gains after the company announced that its driverless car platform is selected by leading original equipment manufacturer.

Tata Elxsi rose by 9.81% and closed at Rs 1491.70 on Monday, June 5, 2017. The stock has surged 15.36% in two trading sessions from its closing price of Rs 1358.40 on Friday, June 2, 2017.

The stock on Tuesday has touched a high of Rs 1598 and a low of Rs 1496.55 so far during the day. It also witnessed a spurt in the volume by more than 3.48 times. The company’s peers include KPIT Technologies and NIIT Technologies.

Tata Elxsi Limited is engaged in the design and development of computer hardware and software. The company operates in two segments: system integration & support, and software development & services.

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