Earnings Impact: Tata Elxsi shares jump 11% on strong Dec quarter numbers
Updated : January 13, 2021 11:19 AM IST
The share price of Tata Elxsi hit a 52-week high, gaining nearly 11 percent on Wednesday after the IT firm reported robust earnings for the December quarter.
The firm reported a 39.5 percent rise in profit at Rs 105 crore in Q3 versus Rs 75.4 crore in the year-ago period.
In constant currency terms, revenue grew 10 percent QoQ.