Getty ImagesThe return on equity (ROE) for the stock stood at 34.33 per cent. Traded volume on the counter stood at 10:25AM shares and turnover at Rs 1.2 crore around that time. The stock of Tata Elxsi Ltd. quoted a 52-week high price of Rs 10760.4 and 52-week low prices of Rs 5708.1, respectively.
The stock's Beta value, 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 31-Mar-2023, while FIIs held 13.86 per cent and domestic institutional investors had 1.85 per cent.
Key Financials
The company reported consolidated sales of Rs 836.88 crore for the quarter ended 31-Dec-2022, up 7.04 per cent from previous quarter's Rs 781.84 crore and up 30.37 per cent from the year-ago quarter's Rs 641.92 crore. Net profit after tax for the latest quarter stood at Rs 194.68 crore, up 28.97 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.
It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
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