Tata Elxsi Share Price: Share price of Tata Elxsi falls as Sensex drops 674.61 points
Share price of Tata Elxsi Ltd. dropped 1.15 per cent to Rs 6886.95 at 10:56AM (IST) in Friday’s trade. The counter hit a high of Rs 7045.0 and low of Rs 6880.0 so far during the session. The stock had closed at Rs 6967.4 in the previous session.
The counter had a total traded volume of 10:56AM shares so far with a turnover of Rs 7.41 crore on BSE. The stock traded at a price-to-earnings multiple of 52.69 and a price-to-book ratio of 19.34.
A higher P/E 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 pay even for no…
