Salzer Electronics is currently trading at Rs. 189.90, up by 1.15 points or 0.61% from its previous closing of Rs. 188.75 on the BSE.
The scrip opened at Rs. 189.90 and has touched a high and low of Rs. 189.90 and Rs. 189.90 respectively. So far 10 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 248.90 on 12-Jan-2018 and a 52 week low of Rs. 167.60 on 29-Sep-2017.
Last one week high and low of the scrip stood at Rs. 198.00 and Rs. 186.15 respectively. The current market cap of the company is Rs. 296.69 crore.
The promoters holding in the company stood at 32.02%, while Institutions and Non-Institutions held 9.42% and 58.56% respectively.
Salzer Electronics is planning for acquisition of 100% equity each in Advanced ID Asia Engineering, Hong Kong and United Marketing and Trading, Hong Kong, and other related Matters thereof. The meeting of the Board of Directors of the company will be held on June 29, 2018, to consider the same.
Salzer is a Leading player offering Total and Customized Electrical Solutions in Switchgears, Wires & Cables and Energy Management business. The Company caters to a wide range of products with five In-house manufacturing facilities, located in Coimbatore and Himachal Pradesh.
