SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Salzer Electronics jumps on planning to acquire entire stake in 2 Hong Kong based companies

27 Jun 2018 Evaluate

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.

Salzer Electronics Share Price

658.50 7.45 (1.14%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1257.90
Siemens 3839.95
Apar Inds 12383.10
ABB India 7180.75
Waaree Energies 3224.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×