The return on fairness (ROE) for the inventory stood at 34.33 per cent. Traded quantity on the counter stood at 11:12AM shares and turnover at Rs 2.44 crore round that point. The inventory of Tata Elxsi Ltd. quoted a 52-week excessive value of Rs 10760.4 and 52-week low costs of Rs 5708.1, respectively.
The inventory’s Beta worth, which measures its volatility in relation to the broader market, stood at 1.02.
Promotor/FII Holding
Promoters held 43.92 per cent stake within the firm as of 31-Dec-2022, whereas FIIs held 15.17 per cent and home institutional traders had 2.47 per cent.
Key Financials
The corporate reported consolidated gross sales of Rs 836.88 crore for the quarter ended 31-Dec-2022, up 7.04 per cent from earlier quarter’s Rs 781.84 crore and up 30.37 per cent from the year-ago quarter’s Rs 641.92 crore. Web revenue after tax for the newest quarter stood at Rs 194.68 crore, up 28.97 per cent from the identical quarter a yr in the past.
Technicals
The MACD signalled a bullish bias on the counter. The MACD is thought for signalling development reversals in traded securities or indices.
It’s the distinction between the 26-day and 12-day exponential transferring averages. A nine-day exponential transferring common, referred to as the sign line, is plotted on topof the MACD to replicate “purchase” or “promote” alternatives. When the MACD crosses beneath the sign line, it offers a bearish sign, indicating that the value of the safety might even see a downward motion and vice versa.
