Tata Elxsi is currently trading at Rs. 1665.05, up by 19.50 points or 1.19% from its previous closing of Rs. 1645.55 on the BSE.
The scrip opened at Rs. 1657.95 and has touched a high and low of Rs. 1672.80 and Rs. 1650.55 respectively. So far 15489 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1775.00 on 28-Jul-2017 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. 1682.65 and Rs. 1617.35 respectively. The current market cap of the company is Rs. 5162.09 crore.
The promoters holding in the company stood at 44.57%, while institutions and non-institutions held 16.53% and 38.90% respectively.
Tata Elxsi and V-Nova, a leading provider of video compression solutions, have entered into partnership that enables operators to deploy V-Nova PERSEUS technology at an accelerated pace. Tata Elxsi has already integrated V-Nova’s award-winning technology within the set-top-box (STB) of a satellite TV operator in Europe, enabling rapid deployment and immediate benefits.
V-Nova PERSEUS offers the benefits of next-generation codecs, on available encoders and decoders, at the same time providing substantial reductions in processing power requirements. Compatible with Commercial Off The Shelf (COTS) hardware, including both legacy and the latest generation of STBs, PERSEUS provides optimum performance at the operating points that are key for service delivery.
The benefits are particularly suited to video-hungry services, from HD and UHD TV to social media applications, across all delivery networks. Uniquely, V-Nova PERSEUS is compatible with existing h.264/HEVC workflows irrespective of DRM, streaming protocol such as HLS and DASH, ad-insertion and other processes. PERSEUS has been deployed in a number of applications, from contribution to IPTV and OTT delivery in multiple countries worldwide.
Tata Elxsi is a leading global design and technology services company and part of the $100B Tata group. Tata Elxsi helps customers to develop & deploy innovative services and applications that drive new revenue streams, deliver greater operational efficiency, and improve customer experience.
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