Share price of Tata Elxsi jumps as Sensex gains 35.39 points

economictimes.indiatimes.com:

Tata Elxsi Ltd. gained 0.05 per cent to Rs 7717.75 at 11:57AM (IST) in Monday's trade. The scrip hit a high of Rs 7768.0 and low of Rs 7705.8 so far during the session. The stock had closed at Rs 7713.2 in the previous session.
The counter had a total traded volume of 11:57AM shares so far with a turnover of Rs 1.92 crore on BSE. The stock traded at a price-to-earnings multiple of 61.14 and a price-to-book ratio of 19.34.

A higher P/E 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 is the measure of the price that investors are ready to pay even for no growth in the business.
Tata Elxsi Ltd. belongs to the IT Consulting & Software — Mid Cap industry.

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Promotor/FII Holding Promoters held 43.92 per cent stake in the company as of 30-Jun-2024, while foreign investors