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Salasar Techno Engineering rises after its arm wins order of Rs 252 crore

05 Jan 2021 Evaluate

Salasar Techno Engineering is currently trading at Rs. 246.90, up by 2.10 points or 0.86% from its previous closing of Rs. 244.80 on the BSE.

The scrip opened at Rs. 242.45 and has touched a high and low of Rs. 257.50 and Rs. 242.15 respectively. So far 11304 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 257.50 on 05-Jan-2021 and a 52 week low of Rs. 68.80 on 30-Mar-2020.

Last one week high and low of the scrip stood at Rs. 257.50 and Rs. 235.00 respectively. The current market cap of the company is Rs. 328.15 crore.

The promoters holding in the company stood at 74.94%, while Institutions and Non-Institutions held 0.11% and 24.94% respectively.

Salasar Techno Engineering’s subsidiary company -- Salsar Adorus Infra LLP, has entered into work contract with Texmaco Rail and Engineering for carrying out a portion of work of ‘Design Supply Installation, Testing and Commissioning of Ballastless Track of standard Gauge in elevated viaduct section and underground section along with blasted track in depots for Bangalore Metro Corporation Rail Project. The value of the contract is approximately Rs 252 crore. The execution of work will start from next week and would be completed over next 30 to 36 months.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

Salasar Techno Engg. Share Price

7.57 0.07 (0.93%)
17-Apr-2026 16:59 View Price Chart
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