This Tata group stock turned Rs 10,000 to Rs 6 lakh in just 10 years

Tata Elxsi’s shares have shown an increase of almost 5,879% in the last decade, giving an investment of INR 10,000 a value of almost INR 6 lakh. The company provides design and tech services to a range of industries, including healthcare, automotive, media, and transport. Its Q4 net profit rose 25% to INR 201 crore ($29.78m) compared to the previous year’s INR 160 crore. Analysts suggest that investors should hold the shares but avoid new investments due to a recent pullback, and the stock is presently above its 50- and 200-day Simple Moving Averages.