Tata Elxsi Share Price: Share price of Tata Elxsi falls as Sensex drops 189.86 points
Share price of Tata Elxsi Ltd. dropped 1.16 per cent to Rs 7484.45 at 01:33PM (IST) in Tuesday’s trade. The counter hit a high of Rs 7623.0 and low of Rs 7470.0 so far during the session. The stock had closed at Rs 7572.9 in the previous session.
The counter had a total traded volume of 01:33PM shares so far with a turnover of Rs 3.47 crore on BSE. The stock traded at a price-to-earnings multiple of 56.99 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 is the measure of the price that investors are ready to…
