
Shares of Tata Elxsi Ltd surged 17.72% in the second straight session, settling at Rs 8,970.35. The stock gained 26.58% in just two days, with high trading volume. The company, a subsidiary of Tata Sons, provides design and technology services across industries. Technical analysts suggest support at Rs 8,600 and resistance at Rs 9,100, with a potential upside towards Rs 9,350. The stock traded higher than various moving averages and had an RSI of 89.40. Promoters hold a 43.92% stake in the firm.
Tata Elxsi shares zoomed 27% in just 2 days; is more steam left?
Tata Elxsi shares zoomed 27% in just 2 days; is more steam left?