The stock opened at Rs 7877.95 and touched an intraday high and low of Rs 7877.95 and Rs 7768.0, respectively, in the session so far. Shares of the company of Tata Elxsi Ltd. quoted a 52-week high of Rs 9191.1 and a 52-week low of Rs 5900.0.
Total market cap of the Tata Elxsi Ltd. stood at Rs 48444.84 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 949.16 crore for the quarter ended 31-Dec-2023, up 3.98 per cent from previous quarter’s Rs 912.83 crore and up 13.42 per cent from the year-ago quarter’s Rs 836.88 crore.
The net profit for latest quarter stood at Rs 206.43 crore, up 6.04 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2023, DIIs held 2.7 per cent stake in the firm, while foreign institutional investors held 15.02 per cent and the promoters 43.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 60.78 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. belongs to the IT Consulting & Software – Mid Cap industry.
