Tata Elxsi Share Price: Share price of Tata Elxsi falls as Sensex drops 72.8 points
The share price of Tata Elxsi Ltd. dropped 3.31 per cent to Rs 6984.35 at 01:39PM (IST) in Thursday’s trade. The scrip has hit a high of Rs 7225.0 and low of Rs 6970.0 so far during the session. The stock had closed at Rs 7223.75 in the previous session.
The counter has had a total traded volume of 13188 shares so far with a value of Rs 9.31 crore on the NSE. It traded at a price-to-earnings multiple of 53.31 and a price-to-book ratio of 19.34.
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.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even…
