May 3, 2023

traded 1.25 per cent down in Wednesday’s trade at 01:58PM (IST). Around 9,102 shares changed hands on the counter. The counter opened at Rs 6646.6 and touched an intraday high and low of Rs 6646.6 and Rs 6559.0, respectively, in the session so far. Shares of the company of Tata Elxsi Ltd. quoted a 52-week high of Rs 10760.4 and a 52-week low of Rs 5708.1. Total market cap of the Tata Elxsi Ltd. stood at Rs 40900.36 crore at the time of writing this report. Key Financials The company reported consolidated net 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. The net profit for latest quarter stood at Rs 194.68 crore, up 28.97 per cent from the same quarter a year ago. Shareholding pattern As of 31-Mar-2023, DIIs held 1.85 per cent stake in the company, while foreign institutional investors held 13.85 per cent and the promoters 43.92 per cent. Valuation ratio According to BSE data, the stock traded at a P/E multiple of 57.31 and a price-to-book ratio of 34.39. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. Tata Elxsi Ltd. belongs to the IT Consulting & Software – Mid Cap industry.