Tata Elxsi share price rises as Nifty strengthens

Tata Elxsi Ltd.'s shares increased 2.09 percent to Rs 7234.85 as of 10:04 a.m. (IST) on Monday.

Tata Elxsi share price rises as Nifty strengthens
Tata Elxsi share price rises as Nifty strengthens

Tata Elxsi Ltd.'s shares increased 2.09 percent to Rs 7234.85 as of 10:04 a.m. (IST) on Monday. Throughout the session, the stock saw highs of Rs 7242.45 and lows of Rs 7104.15.

The stock has a 31.61 percent return on equity (ROE). At 10:04 AM, there were 3.0 crore worth of shares traded on the counter, with a turnover of Rs. 

Tata Elxsi Ltd. stock registered a 52-week high and 52-week low price of Rs 9191.1 and Rs 6406.6, respectively. The beta value of the counter, which measures its volatility with respect to the broader market, stood at 1.02.

Promotor/FII Holding

Promoters held 43.92 per cent stake in the company as of June 30, 2024, while foreign investors held 13.67 per cent and domestic institutional investors held 6.19 per cent.

Key Financials

For the quarter ended June 30, 2024, the firm reported consolidated sales of Rs 958.54 crore, up 2.01% from Rs 939.63 crore in the previous quarter and 9.86% from Rs 872.48 crore in the quarter before that.

The most recent quarter's net profit after tax was Rs 184.08 crore, a decrease of 2.53% from the same period the previous year.