Which Is Tata Group's Most Expensive Stock? All You Need To Know About Tata Elxsi Share Price
Can you guess which among Tata group¡¯s 17 listed companies has the most expensive stock? Well, its neither TCS, Tata Steel, Titan, nor Tata Motors. Tata group's lesser known company Tata Elxsi has the most expensive stock priced at more than Rs 7,000 per share.
What comes to your mind when you think of Tata Group¡¯s stocks? Perhaps TCS, Tata Steel, Tata Motors and Titan are among the first and more prominent names that come to mind, right?
But can you guess which among Tata Group¡¯s 17 listed companies has the most expensive stock? And mind you, it is none of the above-mentioned prominent Tata group companies that are commonly heard of.
Which Tata Group Stock Has The Highest Price?
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Curious to know which Tata Group company has the highest priced share price? Well, Tata Group's lesser-known company Tata Elxsi has the most expensive stock priced at more than Rs 7,000 per share.
Currently, Tata Elxsi's share price is Rs 7310 (on NSE). The stock has jumped nearly 16% this year to date and around 530% in the last 5 years. On the other hand, Tata Steel is the stock which has the lowest price among Tata Group companies with the current share price of Rs 128.9.
How Have Tata Elxsi Shares Performed In Recent Years?
Until 2020, the shares of Tata Elxsi were displaying a pretty average performance for many years and were on a rollercoaster ride. But after the pandemic struck and rattled the stock market in March 2020, this Tata group stock went on to surge more than 800% in the Covid hit years! If you look at the stock's chart, the mega jump begins from mid-2020. Whether you pick the year 1999, 2005, 2010 or even 2015, the stock had been pretty much dull. But then came the big spike.
In the pandemic hit years of 2020-22, the stock price had surged more than 800%. The stock price stood at nearly ?901 on 26 June 2020, ?1669.80 on 4 Dec 2020, ?2817.75 on 2 Feb 2021, ?3566.15 on 4 June 2021, ?5993.75 on 10 Dec 2021, ?7183.15 on 28 Jan 2022, ?9035.5 on 28 March 2022 and ?8282.8 on April 2022. Another proof of the stock surge in pandemic-hit years is this jump you can see: The stock price was Rs 1020,65 on August 14, 2020, Rs 2772 on April 1, 2021, then it climbed to Rs 4868.65 on August 27, 2021, then Rs 7200.70 on January 21, 2022. It had even hit Rs 10,138.75 on August 19, 2022. But then it fell in the Rs 7,000-Rs 8,000 range in the next few months. After beginning this year at Rs 6300.40, the stock has managed to climb nearly 16% to the current mark of Rs 7310 per share price. Also Read: List Of Tata Group Chairmen What Does Tata Elxsi Do?
Tata Elxsi is amongst the world¡¯s leading providers of design and technology services across industries including Automotive, Broadcast, Communications, Healthcare, and Transportation. As per its website, Tata Elxsi helps 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. Tata Elxsi commenced its business on May 5, 1989, in Bangalore, the Silicon Valley of India, to develop and promote applications of electronics, embedded systems, and software. The Mission was to foster innovation in the fast-emerging IT market and accelerate the adoption of leading-edge technologies. At present, Tata Elxsi is recognized as a premium engineering service provider worldwide and amongst the leaders in the automotive, media, broadcast, communications, and healthcare industries. Also Read: Tata Sons To Go For IPO By Sept 2025, All You Need To Know
Which All Companies Under Tata Group Are Listed?These are the 17 companies under Tata Group whose stocks are currently listed:
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(Source: https://www.tata.com/investors/stock-data)
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