Tata Elxsi is currently trading at Rs. 863.00, up by 19.10 points or 2.26% from its previous closing of Rs. 843.90 on the BSE.
The scrip opened at Rs. 847.15 and has touched a high and low of Rs. 867.00 and Rs. 841.80 respectively. So far 24486 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1491.75 on 26-Jul-2018 and a 52 week low of Rs. 822.20 on 14-May-2019.
Last one week high and low of the scrip stood at Rs. 873.95 and Rs. 835.75 respectively. The current market cap of the company is Rs. 5367.92 crore.
The promoters holding in the company stood at 44.53%, while Institutions and Non-Institutions held 14.83% and 40.64% respectively.
Tata Elxsi is developing an AUTOSAR compliant Smart Gateway module for GAC Motors R&D Center. This module will feature in their new range of Electric Vehicles expected to launch in the second half of 2020.
The Smart Gateway module consists of multiple CAN, Ethernet and LIN channels and will act as the communication centre to control the inter-bus communications between various other ECUs like ADAS, IVI, BMS, HUD cluster.
Tata Elxsi is a global design and technology services company and a part of the $100+ billion Tata Group. Headquartered in Bangalore, it works with customers across industries such as automotive, broadcast, healthcare and telecom for product and software development.
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