AgenciesShares of Tata Elxsi Ltd. rose 1.32 per cent to Rs 6208.4 in Wednesday's trade as of 10:57AM (IST) even as the benchmark Nifty ruled at 17415.0, up 111.05 points.
The scrip had closed at Rs 6127.35 in the previous session. The stock quoted a 52-week low of Rs 5708.1 and a high of Rs 10760.4. The company quoted a market-cap of Rs 38673.98 crore on the BSE.
On BSE, 4,086 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 54.19 times its trailing 12-month EPS of Rs 114.6 per share and 34.39 times its book value. The return on equity (ROE) stood at Rs 34.33.
Key Financials
For the quarter ended 31-Dec-2022, Tata Elxsi Ltd. reported consolidated sales of Rs 836.88 crore, up 30.37 per cent from the same quarter a year ago. The company reported 28.97 per cent YoY growth in net profit at Rs 194.68 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 6127.35 in the previous session. The stock quoted a 52-week low of Rs 5708.1 and a high of Rs 10760.4. The company quoted a market-cap of Rs 38673.98 crore on the BSE.
On BSE, 4,086 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 54.19 times its trailing 12-month EPS of Rs 114.6 per share and 34.39 times its book value. The return on equity (ROE) stood at Rs 34.33.
Key Financials
For the quarter ended 31-Dec-2022, Tata Elxsi Ltd. reported consolidated sales of Rs 836.88 crore, up 30.37 per cent from the same quarter a year ago. The company reported 28.97 per cent YoY growth in net profit at Rs 194.68 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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