Share price of Tata Elxsi jumps as Sensex gains 208.21 points

Share price of Tata Elxsi Ltd. gained 0.73 per cent to Rs 6975.85 at 11:42AM (IST) in Wednesday's trade. The counter hit a high of Rs 6985.25 and low of Rs 6925.0 so far during the session. The stock had closed at Rs 6924.8 in the previous session.

The counter had a total traded volume of 11:42AM shares so far with a turnover of Rs 1.2 crore on BSE. The stock traded at a price-to-earnings multiple of 55.16 and a price-to-book ratio of 19.34.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The 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. belongs to the IT Consulting & Software - Mid Cap industry.

Promotor/FII Holding
Promoters held 43.92 per cent stake in the company as of 30-Jun-2024, while foreign investors and domestic institutional investors ownership stood at 13.67 per cent and 6.19 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 958.54 crore for the quarter ended 30-Jun-2024, up 2.01 per cent from the previous quarter's Rs 939.63 crore and up 9.86 per cent from the year-ago quarter's Rs 872.48 crore.

Its profit for the latest quarter stood at Rs 184.08 crore, down 2.53 per cent from the same quarter a year ago.