Share price of Tata Elxsi jumps as Sensex drops 12.37 points
A total of 13,372 shares changed hands on the counter till 10:50AM (IST)
Share price of gained 1.38 per cent to Rs 8111.75 at 10:50AM (IST) in Thursday's trade. The scrip hit a high of Rs 8194.85 and low of Rs 8050.0 so far during the session. The stock had closed at Rs 8001.25 in the previous session.The counter had a total traded volume of 10:50AM shares so far with a turnover of Rs 10.85 crore on . The stock traded at a price-to-earnings multiple of 63.48 and a price-to-book ratio of 17.8.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 43.92 per cent stake in the company as of 31-Dec-2023, while foreign investors and domestic institutional investors ownership stood at 15.02 per cent and 5.71 per cent, respectively.
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 the previous quarter's Rs 912.83 crore and up 13.42 per cent from the year-ago quarter's Rs 836.88 crore.
Its profit for the latest quarter stood at Rs 206.43 crore, up 6.04 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
