Tata Elxsi Ltd gained for a third straight session today. The stock is quoting at Rs 1372.2, up 1.95% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.89% on the day, quoting at 11412.5. The Sensex is at 37693.61, down 1.04%. Tata Elxsi Ltd has slipped around 3.35% in last one month.

Meanwhile, Nifty IT index of which Tata Elxsi Ltd is a constituent, has slipped around 7.74% in last one month and is currently quoting at 16072.5, up 0.52% on the day. The volume in the stock stood at 4.66 lakh shares today, compared to the daily average of 5.91 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1372, up 1.73% on the day. Tata Elxsi Ltd is up 52.25% in last one year as compared to a 12.4% spurt in NIFTY and a 51.71% spurt in the Nifty IT index.

The PE of the stock is 32.17 based on TTM earnings ending June 18.

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Tata Elxsi announced that it has extended its partnership with Airtel's DTH service arm - Airtel Digital TV, to deliver an engaging digital platform for customers. As part of this, Tata Elxsi will build the application software for the company's innovative hybrid set-top-box, Internet TV.

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NOS, SPGS S.A., the leading entertainment & communication providerin Portugal, announced its collaboration with Tata Elxsi to launch a Digital Centre of Excellence (CoE).

The centre will focus on digital transformation initiatives that are geared to deliver next generation services, enhance subscriber experience, and improve operational efficiency across their entire portfolio. This announcement comes as an expansion of the existing partnership around RDK solutions.

At a foundation level for enabling digital services, the CoE is already working on building the next generation broadband solutions integrating latest technologies such as WLAN / WiFi, Full-duplex DOCSIS3.1 and IPTV / OTT video.

The CoE will further work on digital solutions for better customer service fulfillment and implement operational excellence through unified, digitized processes integrated with CI and DevOps.

This is supported by automation and end to end quality assurance with FalconEye, Tata Elxsi's leading automation suite.

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Tata Elxsi Ltd is up for a third straight session in a row. The stock is quoting at Rs 1463, up 1.89% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.17% on the day, quoting at 11700. The Sensex is at 38710.68, up 0.17%. Tata Elxsi Ltd has risen around 4.4% in last one month.

Meanwhile, Nifty IT index of which Tata Elxsi Ltd is a constituent, has risen around 9.22% in last one month and is currently quoting at 15811.4, up 0.89% on the day. The volume in the stock stood at 8.17 lakh shares today, compared to the daily average of 6.04 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1477, up 2.03% on the day. Tata Elxsi Ltd is up 69.37% in last one year as compared to a 18.03% spurt in NIFTY and a 52.78% spurt in the Nifty IT index.

The PE of the stock is 34.28 based on TTM earnings ending June 18.

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