Tata Elxsi shares down 0.84% as Nifty drops
A total of 1,888 shares changed hands on the counter till 11:05AM (IST).
NEW DELHI: Shares of traded 0.84 per cent down in Wednesday's trade at 11:05AM (IST). Around 1,888 shares changed hands on the counter.The scrip opened at Rs 7239.25 and touched an intraday high and low of Rs 7303.8 and Rs 7172.4, 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 6902.8.
As per , the total market cap of the . stood at Rs 45083.47 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 same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors 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 56.89 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
