Shares of Tata Elxsi hit an upper circuit of 10% to ₹5,877.45 on Wednesday. This took the market capitalisation of the Tata Group-owned company to ₹36,613 crore. This comes after brokerage firm JPMorgan upgraded the Tata Group stock. A total of 0.70 lakh shares of the firm changed hands, amounting to a turnover of ₹40.09 crore.