Tata Elxsi Ltd. Sees 3.33% Stock Price Increase, Outperforms Sector by 2.69%
On September 20, 2024, Tata Elxsi Ltd., a largecap IT software company, saw a 3.33% increase in its stock price, outperforming the sector by 2.69%. The stock's moving averages show a positive trend, and it has performed well in both the short and long term compared to the Sensex.
Tata Elxsi Ltd., a largecap IT software company, saw a 3.33% increase in its stock price on September 20, 2024. This outperformed the sector by 2.69%, indicating a positive trend for the company. The stock had a day's high of Rs 7748.55, a 3.04% increase from the previous day.
The stock's moving averages show a positive trend, with it being higher than the 5, 50, 100, and 200 day moving averages. However, it is lower than the 20 day moving average, indicating a slight dip in the short term.
In comparison to the Sensex, Tata Elxsi Ltd. has performed well in both the short and long term. Its 1 day performance was 3.22% compared to Sensex's 1.16%, and its 1 month performance was 12.22% compared to Sensex's 4.14%.
Tata Elxsi Ltd. is a leading IT software company in the largecap category. It offers a wide range of services including product design and engineering, digital transformation, and emerging technologies. With its strong performance and positive trend, Tata Elxsi Ltd. continues to be a promising player in the IT industry.
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