Tata Elxsi shares gain 0.03% as Sensex rises
Tata Elxsi Ltd. traded 0.03 per cent higher in Friday's session at 12:28PM (IST).
The stock opened at Rs 7250.0 and has touched an intraday high and low of Rs 7310.0 and Rs 7195.8, respectively, during the session so far.
The stock quoted a 52-week high of Rs 9275.05 and a 52-week low of 5708.1. About 2,470 shares changed hands on the counter so far.
Benchmark Nifty50 was up 87.7 points at 19341.5, while the BSE Sensex traded 245.26 points higher at 65076.67 at the time of writing of this report.
In the Nifty pack, 37 stocks traded the day in the green, while 13 were in the red.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 872.48 crore, up 1.03 per cent from the previous quarter's Rs 863.61 crore and up 18.51 per cent from the year-ago quarter.
The company reported net profit of Rs 188.85 crore for the latest quarter.
Promoter Holdings Promoters held 43.92 per cent stake in the company as of 30-Jun-2023, while FIIs held 14.22 per cent and MFs 2.4 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 6821.52 on September 01, while the 50-DMA was at Rs 7332.8. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
