Tata Elxsi is currently trading at Rs 1537.00, up by 1.70 points or 0.11% from its previous closing of Rs 1535.30 on the BSE.
The scrip opened at Rs. 1530.00 and has touched a high and low of Rs. 1550.00 and Rs. 1526.05 respectively. So far 51638 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2396.00 on 02-Feb-2016 and a 52 week low of Rs. 1,526.05 on 09-Sep-2016.
Last one week high and low of the scrip stood at Rs. 1,580.00 and Rs 1,526.05 respectively. The current market cap of the company is Rs. 4791.39 crore.
The promoters holding in the company stood at 44.63%, while Institutions and Non-Institutions held 15.97% and 39.39% respectively.
Tata Elxsi, a leading global design and technology services company, has collaborated with Avaya Inc, for the development of an advanced network solution based on software-designed networking (SDN) architecture aimed to address service velocity demanded by today’s dynamic applications. The SDN Fx solution from Avaya Inc, a leading provider of voice and networking solutions, delivers the simplicity needed to help connect, secure and manage growing number of devices and technologies to reduce breaches, implement innovation rapidly and improve IT staff efficiency.
SDN and NFV are becoming vehicles for operators to realise faster revenue growth through rapid service insertion. The ability of SDN/NFV to manage large scale networks and services centrally, promises to deliver significant cost benefits. The Fabric Connect networking technology from Avaya is easily extensible to a multitude of deployments across market verticals, including IoT, healthcare, hospitality, industrial and media-rich applications. This path-breaking solution has already been deployed in the healthcare industry to securely manage large number of disparate medical devices and is winning accolades across the industry.
Tata Elxsi is working with number of leading global operators and network equipment vendors in integration, verification and performance benchmarking of virtualised network functions and service delivery in the realms of SDN and NFV.