Tata Elxsi gains on reporting 40% rise in Q3 net profit

21 Jan 2016

Tata Elxsi is currently trading at Rs. 1728.95, up by 24.25 points or 1.42% from its previous closing of Rs. 1704.70 on the BSE.

The scrip opened at Rs. 1725.25 and has touched a high and low of Rs. 1749.00 and Rs. 1725.25 respectively. So far 4,561 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2330.00 on 23-Dec-2015 and a 52 week low of Rs. 728.00 on 21-Jan-2015.

Last one week high and low of the scrip stood at Rs. 1927.95 and Rs. 1638.30 respectively. The current market cap of the company is Rs. 5,399.00 crore.

The promoters holding in the company stood at 44.95% while Institutions and Non-Institutions held 13.94% and 41.11% respectively.

The company has reported 39.56% rise in its net profit at Rs 39.90 crore for the quarter ended December 31, 2015 as compared to Rs 28.59 crore for the same quarter in the previous year. The company’s total income has increased by 23.57% to Rs 275.04 crore for the quarter under review from Rs 222.58 crore for the corresponding quarter of the previous year.

Tata Elxsi provides system integration and software development. The company caters to various industries such as aerospace, consumer electronics, entertainment, FMCG, telecom etc.




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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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