Tata Elxsi shares gain 0.13% as Sensex rises
A total of 4,511 shares changed hands on the counter till 11:46AM (IST)
Shares of traded 0.13 per cent up at Rs 7328.3 at 11:46AM (IST) on Tuesday, even as benchmark gained 60.49 points to 75450.99. The scrip had closed at Rs 7318.5 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 9191.1 and Rs 6990.05, respectively.
As per BSE data, total traded volume on the counter till 11:46AM (IST) stood at 11:46AM shares with turnover at Rs 3.3 crore.
At the prevailing price, the stock trades at 58.06 times its trailing 12-month earnings per share of Rs 127.25 per share and 19.34 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.02.
Shareholding Details
Promoters held 43.92 per cent stake in the company as of 31-Mar-2024, while FIIs owned 14.55 per cent and DIIs 6.04 per cent.
Source: Stocks-Markets-Economic Times
