Tata Elxsi shares rise 1.05 per cent in Tuesday's trading session
Tata Elxsi Ltd. rose 1.05 per cent to Rs 7395.7 in Tuesday's trade as of 12:33PM (IST) even as the benchmark Nifty ruled at 19550.05, up 21.25 points.
The scrip had closed at Rs 7318.85 in the previous session.
The stock quoted a 52-week low of Rs 5708.1 and a high of Rs 9275.05. The company quoted a market-cap of Rs 46084.57 crore on the BSE.
On BSE, 4,001 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 60.69 times its trailing 12-month EPS of Rs 121.93 per share and 17.8 times its book value. The return on equity (ROE) stood at Rs 36.2.
Key Financials For the quarter ended 30-Jun-2023, Tata Elxsi Ltd.
reported consolidated sales of Rs 872.48 crore, up 18.51 per cent from the same quarter a year ago. The company reported 2.24 per cent YoY growth in net profit at Rs 188.85 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Tuesday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.
