Tata Elxsi is currently trading at Rs 183.25, up by 11.65 points or 6.79% from its previous closing of Rs 171.60 on the BSE.
The scrip opened at Rs 170.60 and has touched a high and low of Rs 189.00 and Rs 170.60 respectively. So far 56803 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 252.00 on 30-Nov-2012 and a 52 week low of Rs 156.10 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs 189.00 and Rs 156.10 respectively. The current market cap of the company is Rs 568.27 crore.
The promoters holding in the company stood at 45.11% while Institutions and Non-Institutions held 11.25% and 43.64% respectively.
Tata Elxsi’s Automotive Electronics development division has completed the development of an AUTOSAR 3.0 compliant Gateway ECU (Electronic Control Unit) for Subaru, the automobile manufacturing division of Fuji Heavy Industries. This ECU has now gone into production for Subaru’s new Hybrid Electric Vehicle from June 2013.
Fuji Heavy Industries awarded this complex electronic product development contract to Tata Elxsi, based on its track record and work experience for AUTOSAR compliant electronics development. The scope of work involved development of an ECU on a dual-core microcontroller, which helps control the inter-bus communication necessary to pass information between multiple communication networks within the vehicle. This included complete hardware & software development, hardware-software integration and system level testing.
Tata Elxsi’s strong experience in AUTOSAR based ECU development coupled with offshore engineering and hardware prototyping to international standards, has enabled Fuji Heavy Industries to achieve over 30% reduction in overall development costs. In an on-going relationship, Tata Elxsi continues to support Subaru with software maintenance of the ECU and development of multiple variants of the Gateway ECU.
| Company Name | CMP |
|---|---|
| TCS | 3893.80 |
| Infosys | 1472.90 |
| HCL Tech. | 1353.40 |
| Wipro | 466.00 |
| Tech Mahindra | 1336.45 |
| View more.. | |
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