Tata Elxsi slips on reporting marginal fall in Q3 net profit
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Tata Elxsi is currently trading at Rs. 5932.70, down by 511.00 points or 7.93% from its previous closing of Rs. 6443.70 on the BSE.
The scrip opened at Rs. 5999.95 and has touched a high and low of Rs. 6200.00 and Rs. 5924.00 respectively. So far 37992 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 9082.90 on 27-Aug-2024 and a 52 week low of Rs. 5,924.00 on 10-Nov-2024.
Last one week high and low of the scrip stood at Rs. 6710.10 and Rs. 5924.00 respectively. The current market cap of the company is Rs. 37271.60 crore.
The promoters holding in the company stood at 43.91%, while Institutions and Non-Institutions held 20.78% and 35.31% respectively.
Tata Elxsi has reported 3.60% fall in its net profit at Rs 199.00 crore for the quarter ended December 31, 2024 as compared to Rs 206.43 crore for the same quarter in the previous year. However, total income of the company increased by 3.15% at Rs 979.02 crore for Q3FY25 as compared to Rs 949.16 crore for the corresponding quarter previous year.
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.
