Tata Elxsi gains on signing MoU with Sarla Aviation
Tata Elxsi is currently trading at Rs. 3633.15, up by 48.15 points or 1.34% from its previous closing of Rs. 3585.00 on the BSE.
The scrip opened at Rs. 3578.80 and has touched a high and low of Rs. 3670.00 and Rs. 3570.00 respectively. So far 14837 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5949.95 on 08-Jan-2026 and a 52 week low of Rs. 3357.00 on 24-Jul-2026.
Last one week high and low of the scrip stood at Rs. 3734.20 and Rs. 3,570.00 respectively. The current market cap of the company is Rs. 22673.06 crore.
The promoters holding in the company stood at 43.90%, while Institutions and Non-Institutions held 20.89% and 35.21% respectively.
Tata Elxsi and Sarla Aviation, an advanced air mobility company, have signed a Memorandum of Understanding (MoU) to collaborate on the development of Shunya, Sarla Aviation's six-seater plus one pilot electric vertical take-off and landing (eVTOL) aircraft. The partnership brings together Sarla Aviation's vision for urban air mobility and Tata Elxsi's expertise in aerospace, software and flight critical digital engineering to support the aircraft's development, testing and certification.
Under the collaboration, Tata Elxsi will provide engineering support across avionics such as flight control systems, software integration, testing, verification and validation, and certification, while Sarla Aviation will lead the design, development and type certification of the Shunya platform. The engagement also creates opportunities to extend support across sensor fusion based navigation software, industrial and structural design, and airworthiness test support.
