Tata Elxsi at new high
By
Research Desk
about 8 years ago
Tata Elxsi has surged to a record high of Rs.2334.20 on the back of exuberant Q3FY16 numbers - a late reaction to the numbers which were announced on 2oth Jan.
The company posted a 40% (YoY) jump in net profit at Rs.40 crore on a total income of Rs.275 crore, up 24%.
The best news for the market – its 9MFY16 net profit of Rs.114 crore has already surpassed entire FY15 net profit of Rs.103 crore thus holding promise of ending current fiscal on a bumper note.