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Salasar Techno Engineering Ltd Share Price (SALASAR)

₹210.24%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Salasar Techno Engineering Ltd share Performance

  • ₹20.95
    ₹21.25
    ₹21
    downward going graph

    0.24%

    Low

    Day's Volatility:1.43%

    High

    1.19%

    downward going graph
  • ₹7.87
    ₹33.95
    ₹21
    downward going graph

    62.52%

    Low

    52 Weeks Volatility:124.19%

    High

    61.67%

    downward going graph
1 Month Return0 %
3 Month Return-4.19 %
1 Year Return148.23 %
Previous Close₹21.05
Open₹21.25
Volume35.26L
Upper Circuit-
Lower Circuit-
Market Cap₹3,322.80Cr

Company Information

Salasar Techno Engineering Ltd. is one of India's leading providers of customized steel fabrication and infrastructure solutions operating in India, offering 360 degree solutions in engineering, designing, fabrication, galvanization and deployment. With three production facilities in Hapur, Uttar Pradesh, they are among the top manufacturers of Telecom Towers in India with a portfolio having 25000 towers since inception. The Company has raised Rs 35.86 crore via a Fixed Priced Initial Public Offer (IPO) in 2017. With a staff of qualified personnel and state-of-the-art production facilities, they have received orders for 300 telecom towers from Reliance JIO worth Rs 35 crore and 100 telecom towers worth Rs 14 crore from Nepal. Their services include Rural Electrification, Power Transmission Lines, Solar Power Plants and customized galvanized and non-galvanized steel structures. Salasar Techno Engineering Ltd. is renowned for their engineering capabilities and commitment to quality, having merged with a wholly owned subsidiary Salasar Stainless Ltd. in 2018.

Share Price: ₹21.00 per share as on 24 Apr, 2024 04:01 PM
Market Capitalisation: ₹3,322.80Cr as of today
Revenue: ₹303.88Cr as on December 2023 (Q4 23)
Net Profit: ₹16.76Cr as on December 2023 (Q4 23)
Listing date: 25 Jul, 2017
Chairperson Name: Alok Kumar
OrganisationSalasar Techno Engineering Ltd
Headquarters
IndustrySteel
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Key events for Salasar Techno Engineering Ltd

  • Salasar Techno Engineering Bags Transmission Project Worth Rs 60 Crore in Rwanda - 29 Mar, 2024

    A joint venture between state-owned RVNL and Salasar Techno Engineering has secured a transmission project worth around Rs 60 crore in Rwanda. Additionally, RVNL emerged as the lowest bidder for three orders, including one in a JV with Salasar Techno Engineering worth ₹148.26 crore.

  • Salasar Techno Engineering JV Secures Project in Rwanda - 28 Mar, 2024

    Salasar Techno Engineering and Rail Vikas Nigam joint venture has secured a project worth Rs 59.62 crore from Energy Development Corporation for the Rwanda Transmission System Reinforcement and Last Mile Connectivity project. The project is to be completed in 18 months, with shares of Salasar Technologies falling by 0.35% and RVNL closing 1.15% lower on the BSE.

  • Salasar Acquires EMC Ltd; Share Price Jumps Nearly 5% - 18 Mar, 2024

    Salasar Techno Engineering has acquired EMC Ltd for Rs. 178 crore, promising an expansion of operations and synergistic benefits. The company's share price jumped nearly 5% on the NSE following the announcement.

  • Salasar Techno Secures MP Transmission Project - 14 Mar, 2024

    Salasar Techno Engineering has secured a Rs 173.98 crore transmission project in Madhya Pradesh through its joint venture with RVNL. The project is expected to be completed within 18 months.

  • Salasar Techno Engineering Secures Contracts Worth Rs 1,034 Crore - 13 Mar, 2024

    Salasar Techno Engineering has secured seven contracts worth Rs 1,034 crore from TANGEDCO under the Revamped Reforms and Results-linked Distribution Sector Scheme to improve distribution infrastructure across various districts of Tamil Nadu.

  • Salasar Techno Engineering Ltd Delivers Multibagger Returns - 08 Mar, 2024

    Salasar Techno Engineering Limited has delivered multibagger returns of 138 percent in a year, with revenue from operations growing by 26.14% from Q3FY23 to Q3FY24 and profits increasing from Rs. 11 Crores to Rs. 17 Crores.

Fundamentals of Salasar Techno Engineering Ltd

Insights on Salasar Techno Engineering Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 27.93% to 28.08% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 262.35 Cr → 304.35 Cr (in ₹), with an average increase of 7.1% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, SALASAR stock has moved up by 131.8%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 9.06 Cr → 16.76 Cr (in ₹), with an average increase of 45.9% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SALASAR has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SALASAR has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 63.07% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 9.00% to 8.85% in Dec 2023 quarter

Salasar Techno Engineering Ltd Valuation

Salasar Techno Engineering Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.97x)

February 6, 2018

Industry (25.14x)

April 23, 2024

Today (64.96x)

April 23, 2024

Highest (104.77x)

February 7, 2024

LowHigh

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
63.07%
0.00
Foreign Institutions
8.85%
-1.68
Mutual Funds
0%
0.00
Retail Investors
28.08%
0.54
Others
0%
0.00

Technicals of Salasar Techno Engineering Ltd share

News & Events of Salasar Techno Engineering Ltd

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Salasar Techno Engineering Ltd (SALASAR) share price today is ₹21

Salasar Techno Engineering Ltd is listed on NSE

Salasar Techno Engineering Ltd is listed on BSE

  • Today’s highest price of Salasar Techno Engineering Ltd is ₹21.25.
  • Today’s lowest price of Salasar Techno Engineering Ltd is ₹20.95.

PE Ratio of Salasar Techno Engineering Ltd is 64.96

PE ratio = Salasar Techno Engineering Ltd Market price per share / Salasar Techno Engineering Ltd Earnings per share

Today’s traded volume of Salasar Techno Engineering Ltd(SALASAR) is 35.26L.

Today’s market capitalisation of Salasar Techno Engineering Ltd(SALASAR) is ₹3322.8Cr.

Salasar Techno Engineering Ltd(SALASARPrice
52 Week High
₹33.95
52 Week Low
₹7.87

Salasar Techno Engineering Ltd(SALASAR) share price is ₹21. It is down -38.14% from its 52 Week High price of ₹33.95

Salasar Techno Engineering Ltd(SALASAR) share price is ₹21. It is up 166.84% from its 52 Week Low price of ₹7.87

Salasar Techno Engineering Ltd(SALASARReturns
1 Day Returns
-0.05%
1 Month Returns
0%
3 Month Returns
-4.19%
1 Year Returns
148.23%