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2025-05-14 12:31:57 pm | Source: Accord Fintech
Tata Elxsi surges on collaborating with MBRDI for vehicle software engineering and SDV development
Tata Elxsi surges on collaborating with MBRDI for vehicle software engineering and SDV development

Tata Elxsi is currently trading at Rs 6084.10, up by 100.05 points or 1.67% from its previous closing of Rs 5984.05 on the BSE.

The scrip opened at Rs 6046.95 and has touched a high and low of Rs 6134.85 and Rs 5983.30 respectively. So far 6285 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 4601.05 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs 6134.85 and Rs 5442.75 respectively. The current market cap of the company is Rs 37818.87 crore.

The promoters holding in the company stood at 43.91%, while Institutions and Non-Institutions held 21.27% and 34.83% respectively.

Tata Elxsi has been selected by Mercedes-Benz Research and Development India (MBRDI) for vehicle software engineering and software defined vehicles (SDV) development. Mercedes-Benz has been setting benchmarks in automotive excellence for nearly 140 years and continues to advance the industry by pioneering developments in software-defined vehicles. The company's integrated software architecture is designed to enhance vehicle capabilities, create intuitive interfaces, and optimize performance, elevating the user experience and evolving with changing driver needs. 

The company is working with leading OEMs across the world to develop SDV platforms, accelerating the speed of innovation and software scalability across vehicle models and platforms, at lowered costs and shared accountability. It brings together domain experience across autonomous, electric, connected vehicle technologies, AI and software-defined vehicles (SDV), supported by state-of-the-art labs and mobility innovation centres and a portfolio of solutions including the Avenir SDV suite and Autonomai Adas suite.

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.

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