{"id":6940,"date":"2023-11-01T08:18:03","date_gmt":"2023-11-01T08:18:03","guid":{"rendered":"https:\/\/demo5.dedicatedhost247.com\/zexo\/share-price-of-tata-elxsi-falls-as-sensex-drops-290-41-points\/"},"modified":"2023-11-01T08:18:03","modified_gmt":"2023-11-01T08:18:03","slug":"share-price-of-tata-elxsi-falls-as-sensex-drops-290-41-points","status":"publish","type":"post","link":"https:\/\/demo5.dedicatedhost247.com\/zexo\/share-price-of-tata-elxsi-falls-as-sensex-drops-290-41-points\/","title":{"rendered":"Share price of Tata Elxsi  falls  as Sensex  drops  290.41 points"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div data-brcount=\"16\">Share price of <a href=\"https:\/\/economictimes.indiatimes.com\/tata-elxsi-ltd.\/stocks\/companyid-12207.cms\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" rel=\"noopener\">Tata Elxsi Ltd.<\/a> dropped 1.39 per cent to Rs 7519.75 at 01:19PM (IST) in Wednesday&#8217;s trade. The scrip hit a high of Rs 7650.85 and low of Rs 7515.0 so far during the session. The stock had closed at Rs 7626.05 in the previous session. <\/p>\n<p>The counter had a total traded volume of 01:19PM shares so far with a turnover of Rs 3.0 crore on <a data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/marketstats\/pid-41,exchange-bse,sortby-value,sortorder-desc.cms\" rel=\"noopener\">BSE<\/a>. The stock traded at a price-to-earnings multiple of 59.69 and a price-to-book ratio of 17.8. <\/p>\n<p> A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. <\/p>\n<p>The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. <\/p>\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/tata-elxsi-ltd.\/stocks\/companyid-12207.cms\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" rel=\"noopener\">Tata Elxsi Ltd.<\/a> belongs to the IT Consulting &amp; Software &#8211; Mid Cap industry. <\/p>\n<p> <b> Promotor\/FII Holding<\/b> <br \/> Promoters held 43.92 per cent stake in the company as of 30-Sep-2023, while overseas investors and domestic institutional investors ownership stood at 13.8 per cent and 4.8 per cent, respectively. <\/p>\n<p> <b> Key Financials<\/b> <br \/> The firm reported consolidated net sales of Rs 912.83 crore for the quarter ended 30-Sep-2023, up 4.62 per cent from the previous quarter&#8217;s Rs 872.48 crore and up 16.75 per cent from the year-ago quarter&#8217;s Rs 781.84 crore. <\/p>\n<p>Its profit for the latest quarter stood at Rs 200.02 crore, up 14.77 per cent from the same quarter a year ago.<\/p>\n<\/div>\n<div>(What&#8217;s moving <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\">Sensex<\/a> and  <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/nifty_50_companies\">Nifty<\/a>  Track  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\">latest market news<\/a>,  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/recos\">stock tips<\/a> and  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/expert-view\">expert advice<\/a> on  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\">ETMarkets<\/a>.  Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, <a rel=\"nofollow noopener\" href=\"https:\/\/t.me\/joinchat\/J60pKE7SOStsj5sI8nDmHQ\" target=\"_blank\">subscribe to our Telegram feeds<\/a>.) <\/p>\n<p>Download <a rel=\"nofollow noopener\" href=\"https:\/\/etapp.onelink.me\/tOvY\/feefac97\" target=\"_blank\">The Economic Times News App<\/a> to get Daily Market Updates &amp; Live Business News.<\/p>\n<p> Top Trending Stocks: <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-nifty-stock-market-updates-27-october-2023\/liveblog\/104740262.cms\">Sensex Today Live<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/state-bank-of-india\/stocks\/companyid-11984.cms\">SBI Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/axis-bank-ltd\/stocks\/companyid-9175.cms\">Axis Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/hdfc-bank-ltd\/stocks\/companyid-9195.cms\">HDFC Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/infosys-ltd\/stocks\/companyid-10960.cms\">Infosys Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/wipro-ltd\/stocks\/companyid-12799.cms\">Wipro Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/ntpc-ltd\/stocks\/companyid-12316.cms\">NTPC Share Price<\/a><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Share price of Tata Elxsi Ltd. dropped 1.39 per cent to Rs 7519.75 at 01:19PM (IST) in Wednesday&#8217;s trade. The scrip hit a high of Rs 7650.85 and low of Rs 7515.0 so far during the session. The stock had closed at Rs 7626.05 in the previous session. The counter had a total traded volume [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[50],"tags":[544,205,8994,10507,703,281,542,549,700,546,699,698,4078,8993,10508,8992],"jetpack_featured_media_url":"https:\/\/img.etimg.com\/thumb\/msid-83745691,width-1200,height-630,imgsize-156851,overlay-etmarkets\/photo.jpg","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/6940"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=6940"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/6940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/6941"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=6940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=6940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=6940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}