A small investment of Rs 25,000 in this stock made in May 2011 has grown to Rs 4,16,817 today
Shares of the company have jumped 182% to Rs 5,319 on May 5 from Rs 1,887.30 on August 17, 2020.
The movement in share price indicates that an investment of Rs 25,000 in this company in 2001 would have now fetched over Rs 7 lakh
The rally indicates that an investment of Rs 25,000 in March last year would have now fetched Rs 1,36,984
The BSE Smallcap index rallied nearly 5% to 21,670, while the BSE Midcap index advanced 0.65% to 20,312.20.
The consolidated net profit of the company has seen an annualised growth of 30% during the past six years.
Tata Elxsi has not only recovered from COVID induced selloff, but is on a record-breaking spree and is quoting at an all-time high
Rajratan Global Wire and JTL Infra posted 61% and 99.14% growth in net profit at Rs 53.13 crore and Rs 20.06 crore, respectively
Market experts maintained their bullish views on the sector considering rising Covid cases in the country
Shares of the company have gained 267%, or 3.66 times, to Rs 202.20 on April 26 from Rs 55.10 on March 24 last year