Tata Elxsi Share Price

Tata Elxsi is a design and technology company that operates under Tata Sons, with 29 listed companies across numerous sectors. Tata Elxsi is a leading global provider of design and technology services across multiple industries, including broadcast, automotive, healthcare, communications and transportation. The primary mode of operation of Tata Elxsi is to help its customers redesign and reimagine their products and services through digital technologies. Design thinking and digital technologies include cloud, IoT, virtual reality, mobility and artificial intelligence. 

Tata Elxsi is headquartered in Bengaluru, Karnataka and has over 10,000 employees. It has offices in 26+ locations with a global presence in cities such as Santa Clara, Troy, Jacksonville, Dubai, etc. Tata Elxsi creates a business synergy with its customers from advanced research and development in system architecture exploration to new technology development, validation and implementation. By implementing progressive technologies, Tata Elxsi creates new opportunities for its customers to reduce costs, improve operational efficiency and deliver new services. 

Tata Elxsi shares are listed on the National Stock Exchange, NSE (TATAELXSI) and the BSE (500408). Tata Elxsi posted a net profit of Rs 189 crore in the first quarter ended June 2023. Its revenue from operations witnessed a 17% increase to reach Rs 850 crore, a rise from Rs 26 crore in June 2021 quarter. 

Tata Elxsi – History

Tata Elxsi's share price history has a long record of providing good returns to investors. However, Tata Elxsi is a private subsidiary of Tata Sons. The company was incorporated on 5th May 1989 in Bangalore, Karnataka, to develop and promote software applications, embedded systems and electronics. At that time, when the IT sector was fast emerging, Tata Elxsi’s objective was to accelerate the adoption of advanced leading-edge technologies. At the time of commence of business, Tata Elxsi was created as a joint venture between Tata Industries, Ltd. (TIL) and Tata Elxsi (Plc.), Ltd. (TEPL), Singapore.

Right after its incorporation, the company entered into an exclusive agreement with TEPL to have the right and licence to manufacture and sell the system 6400 in India. In 1995, Tata Elxsi released an Initial Public Offering and went public. The Tata Elxsi share price ended at Rs 13.50 at that time. In the last 27 years, the Tata Elxsi stock price has increased 655 times from Rs 13.50 to Rs 8,840, with a 1300% per cent increase from April 2020 to date. 

In 2001, Tata Elxsi saw a significant boost to its business when it tied up with IBM as an e-biz solution partner and one year later became the system integrator of Apple. 

Tata Elxsi – Awards

Tata Elxsi's share price today has increased tremendously in recent years, giving hefty returns to investors. As Tata Elxsi has a successful business model, it has received numerous awards over time. Here are some of the awards: 

● NASSCOM Engineering & Innovation Excellence Awards
● Next-gen Product of the Year: Connected Vehicle IoT platform, Tether
● Engineered in India Product of the Year: FalconEye QoEtient
● Social Impact Solution of the Year: Gazelle
● Golden Peacock Innovation Management Award
● Gold Award for Tata Motors Nexon EV 
● AI Game Changer Award for Innovative Application in AI
● Best in Engineering Innovation' by Electronics Maker
● Best Design for Retail Space Designing
● Best Design for Print & amp; Published Media categories

Tata Elxsi – Important Facts

Here are some essential facts about Tata Elxsi's share price and the company for the company over its 27 years of operations: 

● Tata Elxsi is among the world’s leading design and technology services providers, focusing on creating differentiated products and services and driving business growth. 

● The market cap of Tata Elxsi is Rs 47,024.63, and the enterprise value is Rs 45,833.08. 

● The promoter holding in Tata Elxsi is 43.92%, and the company is entirely debt free. 

● The Tata Elxsi stock is present in 30 indices, such as NIFTY MIDCAP, NEMO 150X50, NIFTY500, NIFTY TATA, etc. 

Tata Elxsi has provided various advanced design and technology services for over 27 years. With pioneering advanced technologies in India, it is one of the companies at the forefront of improving business growth with digital-first services. The successful business is reflected in the Tata Elxsi stock price history and Tata Elxsi stock price today. The stock has provided hefty returns to investors and may rise in value based on the company's positive performance in the future.