Share price of Tata Elxsi as Sensex drops 15.62 points
Tata Elxsi Ltd. 0.41 per cent to Rs 7376.25 at 10:35AM (IST) in Thursday's trade. The counter has hit a high of Rs 7448.75 and low of Rs 7370.00 so far during the session. The stock had closed at Rs 7345.95 in the previous session.
The counter has had a total traded volume of 2761 shares so far with a value of Rs 2.04 crore on the NSE. It traded at a price-to-earnings multiple of 56.27 and a price-to-book ratio of 19.34.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip 17.15 per cent during the past one year, while the 30-share index advanced 21.81999969482422 per cent during the same period.
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Tata Elxsi Ltd. belongs to the IT Consulting & Software — Mid Cap industry.
Promotor/FII Holding Promoters held 43.91 per cent stake in the company as
