– Tata Elxsi Ltd’s stock surged 17.72% in two trading days, settling at Rs 8,970.35
– High trading volume with around 4.81 lakh shares changing hands
– Market capitalisation at Rs 55,864.15 crore
– Holding companies saw strong buying interest recently
– Technical support at Rs 8,600, resistance at Rs 9,100
– Trading range expected to be between Rs 8,000 and Rs 9,400 in the short term
– Stock trading higher than various moving averages
– PE ratio of 61.02, PB value of 19.18, EPS of 126.45 and RoE of 31.43
– Promoters hold a 43.92% stake in the firm