Shutterstock.comThe stock quoted a 52-week high price of Rs 10760.4 and a low of Rs 5708.1. The return on equity for the stock stood at 34.33 per cent. About 6,891 shares have changed hands on the counter so far.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.02.
The scrip has been an underperformer, up 3.5 per cent in the past one year in comparison with a 14.06 per cent gain in Sensex.
Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 5708.1 on May 12, while the 50-DMA was at Rs 6321.31. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
Promoters held 43.92 per cent stake in Tata Elxsi Ltd. as of 31-Mar-2023. Mutual funds and foreign institutional investors held 1.85 per cent and 13.86 per cent stake.
Friday, 12 May, 2023- Front Page
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