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    Tata Elxsi shares gain 1.02% as Sensex rises

    Synopsis

    A total of 6,576 shares changed hands on the counter till 10:25AM (IST)

    A broker watches a TV news channel as another monitors share prices at a brokerage firm in MumbaiReuters
    On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
    Shares of the Tata Elxsi Ltd. traded at Rs 6022.35 on BSE at 10:25AM (IST) on Monday, up 1.02 per cent. The stock quoted a 52-week low price of Rs 5708.1 and a high of Rs 10760.4.

    Earlier in the day, the stock saw a gap up opening.

    At the prevailing price, the stock traded at 52.61 times its trailing 12-month EPS of Rs 114.6 per share and 34.39 times its book value, as per BSE data.

    A total of 6,576 shares changed hands on the counter till 10:25AM (IST). The stock commands a market value of Rs 37545.22 crore and is part of the IT Consulting & Software - Mid Cap industry.

    The scrip has been an underperformer , down 32.42 per cent in the past one year in comparison with a 0.54 per cent gain in Sensex.

    During the day, the stock moved between Rs 6098.25 and Rs 6019.9.

    Promoter/FII Holding
    Promoters held 43.92 per cent in the company as of 31-Dec-2022. FII and MF ownership in Tata Elxsi Ltd. stood at 13.9 per cent and 2.12 per cent, respectively.
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