Tata Elxsi Surges on Strategic Collaboration with MBRDI for Vehicle Software and SDV Development

Tata Elxsi Surges on Strategic Collaboration with MBRDI for Vehicle Software and SDV Development Tezzbuzz | 16/05/2025 10:24:16

Tata Elxseia leading global design and technology services company, saw its stock price rise sharply after announcing a collaboration with Mercedes-Benz Research and Development India (MBRDI). The partnership focuses on vehicle software engineering and software-defined vehicle (SDV) development—key areas shaping the future of the automotive industry.

Stock Market Update

As of the latest trading session, Dad Elxsi is a Trading and ₹6,084.10up by ₹100.05 or 1.67% compared to its previous close of ₹5,984.05 on the BSE. The stock opened at ₹6,046.95 and has touched an intraday high of ₹6,134.85 and a low of ₹5,983.30. So far, 6,285 shares have been traded on the counter.

The stock belongs to BSE Group ‘A’ with a face value of ₹10. Over the last 52 weeks, Tata Elxsi has touched a high of ₹9,082.90 (on August 27, 2024) and a low of ₹4,601.05 (on April 7, 2025). In the past week, it has ranged between ₹6,134.85 and ₹5,442.75. The company currently has a market capitalization of ₹37,818.87 crore.

Shareholding Pattern

Strategic Collaboration with MBRDI

Tata Elxsi has been selected by Mercedes-Benz Research and Development India (MBRDI) for advancing software-defined vehicle (SDV) development and core vehicle software engineering. The collaboration is a significant step in enabling next-generation, software-centric vehicle architectures for the luxury carmaker.

Key Objectives of the Partnership:

SDV Development: Tata Elxsi will support MBRDI in developing scalable software-defined platforms, optimizing performance, and enabling real-time updates across models.
Integrated Architecture: Focused on enhancing vehicle capabilities, intuitive interfaces, and intelligent performance adjustments to elevate driver and passenger experience.
Cross-domain Expertise: Tata Elxsi brings deep experience across autonomous, connected, electric vehicle (EV) systems, AIand automotive-grade embedded platforms.

Tata Elxsi’s Technology Capabilities

The company supports global OEMs with advanced engineering and technology offerings through innovation hubs, domain-specific labs, and solutions like:

Future SDV Suite – a scalable platform for next-gen SDV architecture.
Autonomai ADAS Suite – an integrated solution for autonomous and advanced driver-assistance systems.

Tata Elxsi’s global presence across automotive, broadcast, healthcare, and telecom sectors makes it a key technology enabler for digital transformation initiatives.

Industry Outlook

Software-defined vehicles represent the future of automotive engineering, enabling continuous upgrades, smarter systems, and personalized user experiences. This partnership with MBRDI strengthens Tata Elxsi’s position as a trusted technology partner for premium global OEMs and underscores its leadership in automotive digital innovation.

Disclaimer: The above content is based on publicly available information and official announcements. Investors are advised to consult certified financial advisors or visit the official websites before making investment decisions.