Tata Elxsi rises on collaborating with Orbit Showtime Network
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Tata Elxsi is currently trading at Rs. 7038.60, up by 36.75 points or 0.52% from its previous closing of Rs. 7001.85 on the BSE.
The scrip opened at Rs. 6900.00 and has touched a high and low of Rs. 7071.00 and Rs. 6720.05 respectively. So far 42819 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. 7205.00 and Rs. 6943.25 respectively. The current market cap of the company is Rs. 43506.63 crore.
The promoters holding in the company stood at 43.92%, while Institutions and Non-Institutions held 17.40% and 38.68% respectively.
Tata Elxsi and Orbit Showtime Network (OSN), a multinational premium entertainment content company, have collaborated to develop OSNtv Box - an all-in-one new product that will bring together OSN exclusive and curated live TV channels, streaming, and free-to-air entertainment across a single android device.
The OSNTv Box is powered by Tata Elxsi’s AndroidTV solution suite, which includes a custom operatortier launcher, OTA and iCX. Tata Elxsi’s customised OTA (Over The Air) platform helps deliver seamless software updates for an enhanced customer experience, while the iCX (intelligent CX) platform offers intelligent monitoring, real-time diagnostics and troubleshooting.
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.
