Tata Elxsi moves up on expanding portfolio of RDK offerings

15 Dec 2020

Tata Elxsi is currently trading at Rs. 1621.00, up by 21.65 points or 1.35% from its previous closing of Rs. 1599.35 on the BSE.

The scrip opened at Rs. 1598.35 and has touched a high and low of Rs. 1636.90 and Rs. 1587.25 respectively. So far 23372 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1725.00 on 08-Dec-2020 and a 52 week low of Rs. 501.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1700.95 and Rs. 1587.25 respectively. The current market cap of the company is Rs. 9967.03 crore.

The promoters holding in the company stood at 44.53%, while Institutions and Non-Institutions held 16.37% and 39.10% respectively.

Tata Elxsi has expanded its portfolio of RDK offerings by developing an end-to-end, full-stack, intuitive UI/UX solution or reference application framework for RDK Video Accelerator set-top boxes (STBs). The RDK Video Accelerator program provides development and deployment-ready STBs from leading OEMs and chipset suppliers.

The company’s application framework/UI/UX solution offers faster application development cycles. It comes with pre-integrated UI templates and is built using Lightning App language, optimized for the new RDK4 set-top boxes. Operators will now be able to customize, integrate, enhance, and deploy their application on any RDK Video Accelerator STB or Lightning-based device platform, ensuring faster time-to-market with operational cost optimization.

Tata Elxsi is a global design and technology Services Company and works with customers across industries such as automotive, broadcast, healthcare and telecom for product and software development.

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