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Tata Elxsi surges on reporting over two fold jump in Q1 consolidated net profit

18 Jul 2014

Tata Elxsi is currently trading at Rs. 645.00, up by 8.20 points or 1.29% from its previous closing of Rs. 636.80 on the BSE.

The scrip opened at Rs. 637.00 and has touched a high and low of Rs. 671.00 and Rs. 632.00 respectively. So far 635826 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 671.00 on 18-Jul-2014 and a 52 week low of Rs. 156.10 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 671.00 and Rs. 576.00 respectively. The current market cap of the company is Rs. 2024.30 crore.

The promoters holding in the company stood at 45.02% while Institutions and Non-Institutions held 9.98% and 45.00% respectively.

Tata Elxsi has reported results for first quarter ended June 30, 2014. The company’s net profit for the quarter jumped over two fold at Rs 20.83 crore as compared to Rs 10.35 crore for the quarter ended June 30, 2013. Its total income from operations has increased by 10.78% to Rs 190.76 crore for the quarter under review from Rs 172.20 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported over two fold jump in its net profit at Rs 20.79 crore for the quarter as compared to Rs 8.93 crore for the same quarter in the previous year. Total income from operations has increased by 10.16% at Rs 190.76 crore for quarter under review as compared to Rs 173.17 crore for the quarter ended June 30, 2013.

Related Tata Elxsi Ltd. Links:

Tata Elxsi Share Price

3807.30 -21.35 (-0.56%) Jun 14, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323