Tata Elxsi shares down 0.35% as Nifty gains
A total of 2,333 shares changed hands on the counter till 12:02PM (IST).
NEW DELHI: Shares of traded 0.35 per cent down in Monday's trade at 12:02PM (IST). Around 2,333 shares changed hands on the counter.The counter opened at Rs 7188.45 and touched an intraday high and low of Rs 7188.45 and Rs 7075.0, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 9191.1 and a 52-week low of Rs 6608.7.
As per , the total market cap of the . stood at Rs 44276.06 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 939.63 crore for the quarter ended 31-Mar-2024, down 1.0 per cent from previous quarter's Rs 949.16 crore and down 8.8 per cent from the year-ago quarter's Rs 863.61 crore.
The net profit for latest quarter stood at Rs 196.93 crore, down 2.27 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, DIIs held 1.81 per cent stake in the firm, while foreign institutional investors held 14.56 per cent and the promoters 43.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 55.75 and a price-to-book ratio of 19.34. 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.
. belongs to the IT Consulting & Software - Mid Cap industry.
Source: Stocks-Markets-Economic Times
