Multibagger Tata Group Stock Given Strong Return Of 123% In 1 Yr, At 52-Week High Today: Invest?

The share price of Tata Elxsi reached a fresh 52-week high range today, on August 10. Tata group stocks are preferred by investors due to their stable returns both in the long term and short term. Tata Elxsi is a bluechip stock with a high market capitalization of Rs. 59,024 crore. This multibagger Tata group stock has given a sharp return of 123.59%, in the last 1 year.

NSE performance

The current market price of Tata Elxsi stood at Rs. 9,477/share on NSE, fell by 0.82%, till last traded. In the last 5 days, the share price of this company has surged by 7.02% on NSE, and in the last 1 month, its share price has surged by 17.79%. In the past 6 months it has surged 24.64%.

The 52-week high level of this stock is Rs. 9,700.75, and the 52-week low level of this stock is Rs. 4,110.

Market capitalization	Current market price	5 Days performance	1 Month performance
Rs. 59,024 crore	Rs. 9,477	7.02%	17.79%

About the company: Tata Elxsi

According to data available with NSE, in Q4 FY22, the company's total income stood at Rs. 69,982.76 lakh, as against Rs. 64,192.44 lakh in the previous quarter. The company's profit before tax or PBT was reported at Rs. 22,026.41 lakh in Q4 FY22, as against Rs. 20,030.65 lakh in Q3 FY22. The company's net profit was reported at Rs. 16,001.15 lakh in Q4 FY22, as against Rs. 15,095.09 lakh in Q3 FY22.

Tata Elxsi is amongst the world's leading providers of design and technology services across industries including Automotive, Broadcast, Communications, Healthcare, and Transportation. Tata Elxsi is helping customers reimagine their products and services through design thinking and the application of digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality, and Artificial Intelligence, the company informs.

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