Tata Elxsi Share Price: Tata Elxsi share price fell 5.1%.

Shares of Tata Elxsi Ltd. were up 5.1% at Rs 7016.6 around 2:09 PM IST on Wednesday. The stock had closed at Rs 7393.85 in the previous session. During the same period, the stock benchmark Sensex was trading 251.49 points higher at 73989.94. Over the past year to date, the stock is up 12.23%, while the 30-stock index is up 23.63% over the same period.

The stock’s 52-week high was ₹9191.1 and its 52-week low was ₹6217.9.

The counter’s trading volume was 26,467 shares, its price-to-earnings ratio was 55.48, its EPS value was 127.25, and its price-to-book value was 17.8. In the Nifty50 pack, 30 stocks were trading in the green and 19 stocks were trading in the red.

Promoter/FII holdings
The promoters hold 43.92% stake in the company as on March 31, 2024, with FII and MF ownership being 14.56% and 1.81% respectively.

main financial
For the quarter ended March 31, 2024, the company reported consolidated revenue of Rs 939.63 crore, down 1.0 per cent from Rs 949.16 crore in the previous quarter and down 8.8 per cent from Rs 863.61 crore in the year-ago quarter. The company reported a net profit of Rs 196.93 crore in the latest quarter.

technical indicators
MACD indicated a bearish bias on the counter. MACD is known to indicate a trend reversal in a traded security or index. This is the difference between the 26-day exponential moving average and the 12-day exponential moving average. A 9-day exponential moving average, called a signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it sends a bearish signal, indicating that the price of the security may fall and vice versa.