Tata Elxsi stock price down 0.04 per cent as Sensex climbs
Tata Elxsi Ltd. fell 0.04 per cent to Rs 7091.95 at 12:53PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 2,197 shares with a turnover of Rs 1.55 crore till 12:53PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 55.72, while the price-to-book value ratio stood at 19.34.
Return on equity (ROE) was at 31.61 per cent, according to exchange data. The stock hit an intraday high of Rs 7139.95 and a low of Rs 7075.0 during the session and quoted a 52-week high price of Rs 9191.1 and a 52-week low of Rs 6406.6.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.02.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 7720.52 on July 04, while the 50-DMA was at Rs 7140.22. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 47.46. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Mar-2024, promoters held 43.92 per cent stake in the company, while overseas investors held 14.55 per cent and domestic
