Tata Elxsi trades in fine fettle on BSE

08 Feb 2017

Tata Elxsi is currently trading at Rs. 1495.05, up by 44.00 points or 3.03% from its previous closing of Rs. 1451.05 on the BSE.

The scrip opened at Rs. 1451.05 and has touched a high and low of Rs. 1497.60 and Rs. 1446.00 respectively. So far 49509 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2181.90 on 08-Feb-2016 and a 52 week low of Rs. 1021.65 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1486.80 and Rs. 1394.45 respectively. The current market cap of the company is Rs. 4582.77 crore.

The promoters holding in the company stood at 44.63%, while Institutions and Non-Institutions held 13.66% and 41.71% respectively.

Tata Elxsi has entered into a global partnership with M-Star Semiconductor, a leading global semiconductor company for display and digital home solutions, to provide a comprehensive suite of software for MStar’s System-on-a-Chip (SoC) targeted at Set-Top Boxes (STB).

This partnership brings together industry leading MStar STB chipset solutions with Tata Elxsi's solutions and professional services. Communication service providers, MSOs and OEMs are expected to gain from the partnership. As part of this partnership, the company’s ‘RDK Prime’ suite is made available on MStar STB chipset products. The suite is optimized to exploit the functionality for next-generation application demands from end consumers.

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

 

Related Tata Elxsi Ltd. Links:

Tata Elxsi Share Price

882.90 -47.75 (-5.13%) Feb 28, 17:57
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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