Tata Elxsi Share Price Gains 5% Following Q4 Results and Dividend Announcement
Tata Elxsi’s share price experienced a significant rise of 5% in the morning trade on Monday following the announcement of its Q4 results. Specifically, on the BSE, Tata Elxsi’s share price opened at ₹4801 and reached an intraday high of ₹5171.50, representing an intraday gain of 5.5% over the previous day’s closing price of ₹4899.75. This increase followed the company’s announcement of its Q4 results from the previous week and the recommendation of a dividend of ₹75 per share by the Tata Elxsi board. At noon, the share price of the company is trading 7.95% higher at ₹5289.50.
Q4 FY25 Financial Performance
For the fourth quarter of FY25, Tata Elxsi reported a 13.4% quarterly drop in net profit to ₹172.4 crore, compared to…
