Tata Elxsi rises 1.39% as Sensex slides

Earlier, shares of the company saw a gap up opening in the morning.

A total of 9,644 lakh shares changed hands on the counter till 10:00AM (IST).

The stock of commanded a market value of Rs 44310.0 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 55.92, 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.

In the BSE500 pack, 281 stocks traded in the green, while 217 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.02.

Promotor/FII Holding
Promoters held 43.92 per cent in . as of 31-Mar-2024 while foreign portfolio investors and domestic institutional investors owned 14.56 per cent and 1.81 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 7716.02 on July 10, while the 50-DMA was at 7137.36. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.