Tata Elxsi shares up 0.27% as Sensex rises
Tata Elxsi Ltd. gained 0.27 per cent to Rs 6807.15 in Wednesday's session as of 12:07PM (IST) even as the equity benchmark Sensex traded 164.96 points higher at 79120.99.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 9191.1 and a 52-week low of Rs 6406.6 on NSE. Around 1466 shares changed hands on the counter till 12:07PM (IST).
The stock opened at Rs 6788.95 and has touched an intraday high and low of Rs 6822.75 and Rs 6732.0 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 53.78, earnings per share (EPS) of Rs 126.48 and price to book value (PB) of 19.34, while the return on equity (ROE) stood at Rs 31.61.
Promoter/ FII Holding
The promoters held 43.92 per cent stake in the company as of August 14, while FII and MF ownerships stood at 13.67 per cent and 1.11 per cent, respectively.
Key Financials With a market capitalisation of Rs 42364.17 crore, the company operates in the IT Consulting & Software — Mid Cap industry. For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 958.54 crore, up 2.01 per cent from the previous quarter?s Rs 939.63 crore and up 9.86 per cent from the same quarter a year ago. The company reported net profit of Rs 184.08 crore for the latest quarter, down 2.53 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 42.58. The RSI oscillates between zero and 100. Traditionally, it is
