The counter had a total traded volume of 11:57 AM shares so far with a turnover of Rs 1.92 crore in BSEThe shares traded at a price-earnings multiple of 61.14 and a price-to-book ratio of 19.34.
A higher P/E ratio shows that investors are willing to pay a higher price for the earnings per rupee provided by the stock due to better expectations of future growth.
The price/book ratio indicates the inherent value of a company and is the measure of the price that investors are willing to pay even if there is no growth in the business.
Tata Elxsi Ltd. Belongs to the IT and Software Consulting industry – Mid Cap.
Promoter/Holding FII
Promoters held 43.92 per cent stake in the company as of June 30, 2024, while foreign investors and domestic institutional investors held 13.67 per cent and 6.19 per cent, respectively.
Key financial data
The company reported consolidated net sales of Rs 958.54 crore for the quarter ended June 30, 2024, up 2.01 per cent from Rs 939.63 crore in the previous quarter and up 9.86 per cent from Rs 872.48 crore in the year-ago quarter.
Its profit for the last quarter was Rs 184.08 crore, down 2.53 per cent from the same quarter last year.
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