Tata Elxsi shares up 0.15% as Nifty gains
Tata Elxsi Ltd. traded 0.15 per cent up in Tuesday's trade at 12:23PM (IST).
Around 1,559 shares changed hands on the counter.
The counter opened at Rs 7028.95 and touched an intraday high and low of Rs 7052.0 and Rs 7015.65, respectively, in the session so far. Shares of the company of Tata Elxsi Ltd.
quoted a 52-week high of Rs 10700.0 and a 52-week low of Rs 5708.1.
As per BSE, the total market cap of the Tata Elxsi Ltd. stood at Rs 43780.34 crore at the time of writing this report.
Key Financials The company reported consolidated net sales of Rs 872.48 crore for the quarter ended 30-Jun-2023, up 1.03 per cent from previous quarter's Rs 863.61 crore and up 18.51 per cent from the year-ago quarter's Rs 736.21 crore.
The net profit for latest quarter stood at Rs 188.85 crore, up 2.24 per cent from the same quarter a year ago.
Shareholding pattern As of 30-Jun-2023, DIIs held 2.4 per cent stake in the firm, while foreign institutional investors held 14.22 per cent and the promoters 43.92 per cent.
Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 57.66 and a price-to-book ratio of 17.8.
A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
