Tata Elxsi share price rises over 15% in two days, new high on FY22 Q3 results

Tata Elxsi share price rises over 15% in two days, new high on FY22 Q3 results

Today, the share price of Tata Elxsi was trading up almost 5.5%. Yesterday (January 19) also the stock of the company was closed up around 10%. This is because the company has shown good numbers in the recent quarter 3 of the financial year 22.

Tata Elxsi’s net profit increased by 43.5% on YOY(Year-on-year) basis and 20.4% on QOQ(Quarter-on-quarter) basis.

Revenue from operation grew by 33.2% on YOY (year-on-year) basis and 6.7% on QOQ (quarter-on-quarter) basis.

The EBITDA margin of the company increased from 30.8% in the last quarter to 33.2% in this Q3 (Quarter 3).

52 Week High7,800.00
52 Week Low2,408.00
Sector PE42.49
Face Value10
Dividend Yield0.67
Mkt Cap (Rs. Cr.)44,843
Book Value Per Share217.12

The MD and CEO of the company said that TATA Elxsi is focusing on executing its strategy and driving growth and the company can show good growth in the automotive market. Due to these reasons the company is trading at its all-time high.

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Net Profit 2021 (Rs. Cr.)368
Debt to equity (2021)0.00
Revenue 2021 (Rs. Cr.)1,826
EPS59.11
ROE27.22
Dividend/Share (INR)48.00
Promoters holding44.32%
Face Value10

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