Share price of Tata Elxsi falls as Nifty weakens

Shares of Tata Elxsi Ltd. slipped 0.28 per cent to Rs 7279.3 in Thursday’s trade as of 11:47AM (IST).

The stock hit a high price of Rs 7339.0 and low of Rs 7268.0 during the session.

The return on equity (ROE) for the stock stood at 36.2 per cent. Traded volume on the counter stood at 11:47AM shares and turnover at Rs 0.82 crore around that time.

The stock of Tata Elxsi Ltd. quoted a 52-week high and 52-week low prices of Rs 8775.0 and Rs 5708.1, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.02.

Promotor/FII Holding
Promoters held 43.92 per cent stake in the company as of 30-Jun-2023, while overseas investors held 14.22 per cent and domestic institutional investors had 4.0 per cent.

Key Financials
The company reported consolidated sales of Rs 872.48 crore for the quarter ended 30-Jun-2023, up 1.03 per cent from previous quarter’s Rs 863.61 crore and up 18.51 per cent from the year-ago quarter’s Rs 736.21 crore.

Net profit after tax for the latest quarter stood at Rs 188.85 crore, up 2.24 per cent from the same quarter a year ago.

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