Tata Elxsi shares up 1.76% as Nifty gains
A total of 7,599 shares changed hands on the counter till 11:16AM (IST).
NEW DELHI: Shares of traded 1.76 per cent up in Thursday's trade at 11:16AM (IST). Around 7,599 shares changed hands on the counter.The counter opened at Rs 7404.2 and touched an intraday high and low of Rs 7547.95 and Rs 7358.9, 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 5883.05.
As per , the total market cap of the . stood at Rs 46922.81 crore at the time of writing this report.
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 previous quarter's Rs 912.83 crore and up 13.42 per cent from the year-ago quarter's Rs 836.88 crore.
The net profit for latest quarter stood at Rs 206.43 crore, up 6.04 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, DIIs held 2.7 per cent stake in the firm, while foreign institutional investors held 15.02 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 58.87 and a price-to-book ratio of 17.8. 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
