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    Tata Elxsi shares drop 0.67% as Sensex rises

    Synopsis

    A total of 4,266 shares changed hands on the counter till 01:42PM (IST)

    tech view 2Shutterstock.com
    RSI has turned north from the 60 level, confirming bullishness.
    Shares of the Tata Elxsi Ltd. traded at Rs 6248.95 on BSE at 01:42PM (IST) on Monday, down 0.67 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 down opening.

    At the prevailing price, the stock traded at 54.49 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 4,266 shares changed hands on the counter till 01:42PM (IST). The stock commands a market value of Rs 38888.52 crore and is part of the IT Consulting & Software - Mid Cap industry.

    The scrip has been an underperformer , down 25.23 per cent in the past one year in comparison with a 5.12 per cent gain in Sensex.

    During the day, the stock moved between Rs 6324.2 and Rs 6217.9.

    Promoter/FII Holding
    Promoters held 43.92 per cent in the company as of 31-Mar-2023. FII and MF ownership in Tata Elxsi Ltd. stood at 13.86 per cent and 1.85 per cent, respectively.
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