The metal stocks have been shining recently, driven by a broad-based buying on strong demand and revival in consumption hopes. The major quarterly earnings have given a further boost to the metal index. Meanwhile, BSE Metal Index gained 2.34 per cent today.  

Tata Steel share price gained by 3.67 per cent on Monday. 

Tata Elxsi is trading with a PE multiple of 66 and its ROE is ~30.  At current price the dividend yield for the stock is 0.54 per cent. 

The market opened in red on August 16, 2021.

The market opened in red on August 16, 2021, overall volumes in futures & options currently stand at 4,06,77,334 contracts with a turnover of Rs. 35,18,003.80 crore.

The market opened in red on August 16, 2021, overall volumes in futures & options currently stand at 4,06,77,334 contracts with a turnover of Rs. 35,18,003.80 crore.

So, let’s know why the stock is seeing a huge spurt in price along with a massive jump in volumes? As you know, it is a leading recycling company, having a manufacturing presence around the globe.

The frontline indices are trading at life highs while the broader markets are correcting pushing several stocks in to the bear territory.  

For the past one year, the equity markets have been strongly recovering from the dip caused due to the first hit of the pandemic. Though the performance of the equity markets had become shaky during the second wave of the pandemic; currently, the equity markets are elating the investors' with its performance. 

The annual report 2020-21 of the company mentions that 67 per cent of the total revenue contribution is driven from the two and three-wheelers segment. The company has signed a letter of intent to Ola Electric for supplying