Tata Elxsi declines 0.05% as Sensex climbs

Shares of Tata Elxsi Ltd. traded at Rs 6792.0 on BSE at 12:03PM (IST) on Tuesday, down 0.05 per cent from previous close.

The stock quoted a 52-week low price of Rs 5264.75 and a high of Rs 10760.4.

Earlier, the stock saw a gap up opening in the morning.

A total of 3,007 lakh shares changed hands on the counter till 12:03PM (IST).

The stock of Tata Elxsi Ltd. commanded a market value of Rs 42235.88 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 63.04, while the price-to-book value ratio stood at 34.39. Return on equity (ROE) was at 34.33 per cent, according to exchange data.

In the BSE500 pack, 270 stocks traded in the green, while 230 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.02.

Promotor/FII Holding
Promoters held 43.92 per cent in Tata Elxsi Ltd. as of 30-Sep-2022 while foreign and domestic institutional investors owned 15.17 per cent and 2.47 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 8032.32 on November 29, while the 50-DMA was at 7627.36. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.