On Tuesday, Tata Elxsi Ltd. shares were trading slightly higher by 0.43% at 11:18 AM (IST). The stock started at Rs 6202.05 and reached a high of Rs 6273.35 and a low of Rs 6157.75 during the day. Over the past year, the highest price for the stock was Rs 9082.90 and the lowest was Rs 5924.00. So far, about 5,215 shares have been traded.
The Nifty50 index was down by 166.66 points, standing at 23178.1, while the BSE Sensex fell by 682.9 points to 76390.54 as we write this. In the Nifty group, 12 stocks went up, while 38 went down.
Key Company Earnings
For the quarter ending on December 31, 2024, Tata Elxsi reported total sales of Rs 979.02 crore, which is a decrease of 3.96% from the previous quarter’s sales of Rs 1019.39 crore and a 3.15% decline from the same time last year. The company reported a net profit of Rs 199.01 crore in the latest quarter.
Ownership Details
As of December 31, 2024, promoters held 43.91% of Tata Elxsi’s shares, while foreign institutional investors (FIIs) owned 13.27% and mutual funds (MFs) held 1.87%.
Technical Analysis
Looking at the technical charts, the 200-Day Moving Average (DMA) is at Rs 7159.49, and the 50-DMA is at Rs 6747.96. When a stock trades above both the 50-DMA and the 200-DMA, it usually suggests an upward trend. If it is far below both averages, it’s considered a downward trend. Trading between these averages indicates uncertain movement.
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