Tata Elxsi surges on winning engineering deal with leading European Automotive OEM
Tata Elxsi is currently trading at Rs. 5140.00, up by 240.25 points or 4.90% from its previous closing of Rs. 4899.75 on the BSE.
The scrip opened at Rs. 4801.00 and has touched a high and low of Rs. 5160.00 and Rs. 4801.00 respectively. So far 28306 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. 5160.00 and Rs. 4800.00 respectively. The current market cap of the company is Rs. 31735.23 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 won strategic multi-year deal valued at 50 million euro with a leading European headquartered automotive OEM. This strategic deal positions Tata Elxsi as a key engineering partner for platform and application development across SDV, electrification, body, and chassis domains.
As part of this collaboration, Tata Elxsi will establish a dedicated Global Engineering Centre to support the customer’s software platform roadmap and brand aligned software engineering programs. This centre will serve as a hub for developing a unified technology stack encompassing a proprietary operating system, electronic architecture and automotive cloud. Together, these will power advanced in-vehicle capabilities, seamless connectivity, and software upgradability across brands and product lines.
Tata Elxsi was chosen for its deep domain expertise across automotive domains including electrification, body & chassis, infotainment, and cybersecurity, backed by a proven track record in automotive software and managing high-performance global delivery hubs for leading OEMs and Tier-1s. The company’s ability to align engineering programs with customer’s product and software roadmaps ensures global delivery excellence, scalability, and outcomes across the product development lifecycle.
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.
