Tata Elxsi shares gain 0.57% as Sensex rises
A total of 1,765 shares changed hands on the counter till 11:01AM (IST)
Shares of traded 0.57 per cent up at Rs 7713.85 at 11:01AM (IST) on Thursday, even as benchmark gained 743.46 points to 73739.77. The scrip had closed at Rs 7669.85 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 9191.1 and Rs 5883.05, respectively.
As per BSE data, total traded volume on the counter till 11:01AM (IST) stood at 11:01AM shares with turnover at Rs 1.36 crore.
At the current price, shares of the company trades at 60.2 times its trailing 12-month EPS of Rs 127.98 per share and 17.8 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-Dec-2023, while FIIs owned 15.02 per cent and DIIs 5.71 per cent.
Source: Stocks-Markets-Economic Times
