Tata Elxsi shares drop 0.19% as Sensex falls
Tata Elxsi Ltd. traded 0.19 per cent down at Rs 7430.05 at 12:22PM (IST) on Monday, even as BSE benchmark Sensex dropped 3.93 points to 66278.81.
The stock had closed at Rs 7444.65 in the previous session.
The stock quoted a 52-week high price of Rs 8570.0 and 52-week low of Rs 5708.1, respectively. As per BSE data, total traded volume on the counter till 12:22PM (IST) stood at 6682 shares with a turnover of Rs 4.96 crore.
At the prevailing price, the stock traded at 60.95 times its trailing 12-month EPS of Rs 121.93 per share and 17.8 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.02.
Shareholding Details
Promoters held 43.92 per cent stake in the company as of 30-Jun-2023, while FIIs owned 14.22 per cent and DIIs 2.4 per cent.
Technicals On the technical charts, the relative strength index (RSI) of the stock stood at 60.9. The RSI oscillates between zero and 100.
