Tata Elxsi, a Tata Group company and Design & technology services provider, showed a remarkable surge and has given its investors a massive return of over 3,500% in 15 years. Tata Elxsi‘s shares have soared despite market volatilities. This brought a broader smile on the faces of the investors of the company.
Shares of the company have skyrocketed from a mere Rs 158.93 per share on April 30, 2010 to a staggering Rs 5,770.50 per share during the trading hours on Wednesday’s trading session on BSE. This means if an investor had invested Rs 1 lakh in the company on April 30, 2010, he/she will get return in lakhs now.
The company has the market capitalisation of Rs 35,941.05 crores. The 52-week high for the company’s shares is Rs 9,082.90 per share, whereas the 52-week low is Rs 4,601.05 per share.
Return To Investors
The remarkable display of surge translates into the happier investors, with Tata Elxsi giving a massive-massive return to investors in 20 years.
For example, an investment of Rs 1 lakh in Tata Elxsi in April 2010 would now be valued Rs 36 lakh. This is only when the investor had maintained status quo on his/her investment.
At the time of filing this story, Tata Elxsi’s shares were trading in green. The shares were up 0.14% and were trading at Rs 5,770.50 per share with day’s high at Rs 5,800 and day’s low at Rs 5,655.35 per share.
About The Tata Elxsi
Tata Elxsi commenced its business on 5th May 1989 in Bangalore. The company 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.
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