Business & Economy
Breakdown Stocks: How to trade Tata Elxsi, Tata Chemicals & Motherson Sumi Wiring that hit fresh 52-week low? – Market Summary
Tata Elxsi stock price is currently trading at Rs 5695, with a critical support zone at Rs 5295. This level is important for the stock’s technical stability and could influence its future price movement.
From a fundamental perspective, the company demonstrates strong financial performance with a Return on Equity (ROE) of 34.5%, indicating effective utilization of shareholders’ funds to generate profits.
However, despite the company’s size, domestic mutual funds hold only 7.50% of the company, reflecting relatively lower institutional participation.
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