Share price of Tata Elxsi as Sensex gains 797.81 points
Tata Elxsi Ltd. 1.94 per cent to Rs 7128.35 at 11:23AM (IST) in Monday's trade. The stock has hit a high of Rs 7399.95 and low of Rs 7006.95 so far during the session. The stock had closed at Rs 6992.25 in the previous session.
The counter has had a total traded volume of 8469 shares so far with a value of Rs 6.00 crore on the NSE. It traded at a price-to-earnings multiple of 54.12 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 6.47 per cent during the past one year, while the 30-share index advanced 22.6299991607666 per cent during the same period.
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