Tata Elxsi signs Licensing and Integration Support Deal for its Autonomy Driverless Car Platform

On Monday, Tata Elxsi informed the stock market about signing licensing & integration support deal of its advanced autonomous vehicle middleware platform “AUTONOMAI” with one of the world’s top 5 automotive OEMs for their driverless car R&D. 
 
As per BSE filing, Autonomai allows rapid region-specific adaptation through its pre-integrated validation datasets and AI & deep learning capabilities.

Tata Elxsi operates in two segments: system integration & support, and software development & services and is engaged in the design and development of computer hardware and software. 
 
Tata Elxsi‘s stock has delivered more than 60% returns over a year’s time. On Monday, it was up by 3.8% at Rs 1410 per share at 1024 hours IST on BSE.  The stock hit a high of Rs 1423.95 and a low of Rs 1353.30 so far during the day.