Tata Elxsi shares decline 0.5% as Sensex slides

Shares of the Tata Elxsi Ltd. traded at Rs 7817.65 on BSE at 12:12PM (IST) on Friday, down 0.5 per cent from previous close.

The scrip quoted a 52-week low price of Rs 6186.0 and a high of Rs 9191.1.

Earlier, the stock saw a gap down opening in the morning.

A total of 5,389 lakh shares changed hands on the counter till 12:12PM (IST).

The stock of Tata Elxsi Ltd. commands a market value of Rs 48645.68 crore.

The stock traded at a price-to-earning (P/E) multiple of 61.03, 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, 280 stocks traded in the green, while 220 stocks were in the red.

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