Tata Elxsi shares gain 0.13% as Sensex falls
Tata Elxsi Ltd. traded 0.13 per cent higher in Monday's session at 12:44PM (IST). The stock opened at Rs 9099.95 and has touched an intraday high and low of Rs 9191.1 and Rs 8987.1, respectively, during the session so far.
The stock quoted a 52-week high of Rs 9191.1 and a 52-week low of 5708.1. About 10,925 shares changed hands on the counter so far.
Benchmark Nifty50 was down 12.45 points at 21444.2, while the BSE Sensex traded 72.85 points lower at 71410.9 at the time of writing of this report.
In the Nifty pack, 23 stocks traded the day in the green, while 26 were in the red.
Key Financials For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 912.83 crore, up 4.62 per cent from the previous quarter's Rs 872.48 crore and up 16.75 per cent from the year-ago quarter. The company reported net profit of Rs 200.02 crore for the latest quarter.
Promoter Holdings Promoters held 43.92 per cent stake in the company as of 30-Sep-2023, while FIIs held 13.8 per cent and MFs 2.47 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 7271.49 on December 18, while the 50-DMA was at Rs 8032.09. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
