Massive Rally In 15 Years: Design and technology services provider and Tata Group company Tata Elxsi, in a remarkable display of surge, has given its investors a massive return of more than 10,000% in 15 years. Shares of Tata Elxsi have soared 10,332% in last 15 years. This brings a broader smile on the faces of the investors of the company.
Shares of Tata Elxsi have skyrocketed from a mere Rs 73.58 per share on July 30, 2009 to a staggering Rs 7,676.45 per share at the close of Thursday’s trading session on BSE. This means if an investor had invested Rs 1 lakh in the company on July 30, 2009, he/she would be a crorepati now.
Tata Elxsi has the market capitalisation of Rs 47,808.64 crores. The 52-week high for the company’s shares is Rs 9,191.10 per share, whereas the 52-week low is Rs 6,406.60 per share.
Massive Rally In 15 Years: Return To Investors
The remarkable display of surge translates into the happier investors. Tata Elxsi gave a massive-massive return to investors in 20 years.
For Instance, an investment of Rs 1 lakh in Tata Elxsi in July 2004 would now be valued at over Rs 1 crore. This is only when the investor had maintained status quo on his/her investment.
However, Tata Elxsi’s settled on red mark in Friday’s trading session on BSE. The shares were down 1.11% to settle down at Rs 7,676.45 per share with day’s high at Rs 7,980.30 and day’s low at Rs 7,660 per share.
Notably, Tata Elxsi commenced its business on 5th May 1989 in Bangalore. Tata Elxsi employs more than 13,000 people and has operations at more than 36 locations. Tata Elxsi is a leading design and technology services provider for Automotive, Broadcast, Communications, Healthcare, and Transportation sectors.
(Disclaimer: This stock market news is for informational purposes only and should not be construed as investment advice.)
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