Tata Elxsi soars on extending partnership with Get2Volume to grow technology start-ups

27 Feb 2013 Evaluate

Tata Elxsi is currently trading at Rs. 204.90, up by 2.05 points or 1.01% from its previous closing of Rs. 202.85 on the BSE.

The scrip opened at Rs. 203.00 and has touched a high and low of Rs. 206.00 and Rs. 202.00 respectively. So far 3,985 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 254.10 on 16-Jul-2012 and a 52 week low of Rs. 193.10 on 29-Mar-2012.

Last one week high and low of the scrip stood at Rs. 220.00 and Rs. 199.05 respectively. The current market cap of the company is Rs. 638 crore.

The promoters holding in the company stood at 45.11% while Institutions and Non-Institutions held 10.90% and 43.98% respectively. 

Tata Elxsi has extended its partnership with Get2Volume (G2V) to incubate and grow technology companies in India and Singapore. Tata Elxsi and G2V agreed to extend their incubation offerings and connections to each other’s portfolio companies.

Through this partnership, Tata Elxsi will extend its incub@TE programme to G2V portfolio companies that want to build their businesses in India, with infrastructure, mentorship and go-to-market support. On the other hand, G2V will extend its incubation programme to Tata Elxsi companies that include connections, access to the ecosystem within Singapore and funding for companies that meet G2V criteria.

Tata Elxsi, India’s leading design company has recently launched incub@TE, an incubation centre programme to nurture and support aspiring entrepreneurs.

G2V, based in Singapore and with funding from the Singapore’s National Research Foundation invests in, mentors and helps grow innovative microelectronics-centric companies.

Tata Elxsi Share Price

7118.80 191.30 (2.76%)
07-Jun-2024 16:01 View Price Chart
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