Tata Elxsi falls despite reporting 29% rise in Q3 net profit

27 Jan 2023 Evaluate

Tata Elxsi is currently trading at Rs. 6531.00, down by 65.80 points or 1.00% from its previous closing of Rs. 6596.80 on the BSE.

The scrip opened at Rs. 6676.05 and has touched a high and low of Rs. 6747.50 and Rs. 6475.00 respectively. So far 13528 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10760.40 on 17-Aug-2022 and a 52 week low of Rs. 5708.10 on 26-Dec-2022.

Last one week high and low of the scrip stood at Rs. 6819.00 and Rs. 6284.45 respectively. The current market cap of the company is Rs. 40681.77 crore.

The promoters holding in the company stood at 43.92%, while Institutions and Non-Institutions held 17.33% and 38.76% respectively.

Tata Elxsi has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a rise of 28.97% in its net profit at Rs 194.68 crore for the quarter under review as compared to Rs 150.95 crore for the same quarter in the previous year. Total income of the company increased 30.37% at Rs 836.88 crore for Q3FY23 as compared to Rs 641.92 crore for the corresponding quarter previous year.

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.

Tata Elxsi Share Price

7747.85 78.00 (1.02%)
28-Mar-2024 16:01 View Price Chart
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