Tata Elxsi shares rise 4.31% as Sensex climbs

Shares of the Tata Elxsi Ltd. traded at Rs 8029.85 on BSE at 12:02PM (IST) on Wednesday, up 4.31 per cent from previous close.

The stock quoted a 52-week low price of Rs 5976.05 and a high of Rs 9191.1.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 11,457 lakh shares changed hands on the counter till 12:02PM (IST).

The stock of Tata Elxsi Ltd. commands a market value of Rs 49790.33 crore.

The stock traded at a price-to-earning (P/E) multiple of 62.47, while the price-to-book value ratio stood at 17.8. Return on equity (ROE) was at 36.2 per cent, according to exchange data.

In the BSE500 pack, 303 stocks traded in the green, while 197 stocks were in the red.

Promotor Holding
Promoters held 43.92 per cent in the Tata Elxsi Ltd. as of 31-Dec-2023 while overseas and domestic institutional investors owned 15.02 per cent and 5.71 per cent, respectively.