Salasar Techno Engineering bags order worth Rs 200 crore from ZETWERK Businesses

Salasar Techno Engineering Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 540642 | NSE: SALASAR

28 Feb 2024 Evaluate

Salasar Techno Engineering has entered into an agreement with ZETWERK Businesses for supply of 25,000 MT of Solar Structures. This significant agreement, valued at over Rs 200 crore, entails Salasar to supply the specified quantity to ZETWORK or its affiliates for subsequent export. The said contract further strengthens the order book and is expected to get completed within 12 months, yielding heathy EBITDA margins.

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

Peers

Company Name	CMP
Bharat Heavy Elect.	430.60
Thermax	3680.25
Kirloskar Industries	3830.40
Skipper	551.65
INDO-MIM	1018.90
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.