Tata Elxsi Ltd rose for a third straight session today. The stock is quoting at Rs 1214, up 6.23% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 10612.45. The Sensex is at 34534.2, up 0.34%. Tata Elxsi Ltd has added around 24.21% in last one month.

Meanwhile, Nifty IT index of which Tata Elxsi Ltd is a constituent, has added around 13.82% in last one month and is currently quoting at 13910.35, up 1.97% on the day. The volume in the stock stood at 16.56 lakh shares today, compared to the daily average of 6.39 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1222.5, up 6.63% on the day. Tata Elxsi Ltd is up 53.6% in last one year as compared to a 15.13% gain in NIFTY and a 41.03% gain in the Nifty IT index.

The PE of the stock is 33.37 based on TTM earnings ending December 17.