Salasar Techno News and Updates

Name: Latest research reports of Salasar Techno Engineering Ltd. authored by Ventura and published by - Trendlyne research reports.
Item: Salasar Techno Engineering Ltd.
Rating: 3
Author: Ventura

Keep track of all breaking news on Salasar Techno from all sources in a single place.

Salasar Techno Engineering Ltd.

31 May 2025

8.75

-1.57%

Salasar Techno Engineering Q4 results: Net profit grows 30% to Rs 20 cr

Business Standard

Steel structure maker Salasar Techno Engineering has reported a 30 per cent growth in consolidated net profit to Rs 19.31 crore in the March 2025 quarter, driven by higher revenues. It had posted a net profit of Rs 15.21 crore in the January-March period of the preceding fiscal, the company said in an exchange filing on Friday. During the fourth quarter, the company's total income increased 32 per cent to Rs 472.68 crore from Rs 358.42 crore in Q4 FY24. Salasar Techno Engineering is a steel structure manufacturer and engineering, procurement and construction infrastructure company, catering to telecom, energy and railways sectors.

Salasar Techno has gained 25.18% in the last 6 Months

Salasar Techno Engineering Ltd.

17 Feb 2025

8.75

-1.57%

to see Rapid results content

Salasar Techno Engineering Ltd.

12 Dec 2024, 12:00AM

8.75

-1.57%

SALASAR TECHNO ENGINEERING LTD.

Hold: Salasar Techno Engineering...

Ventura

Richly valued, despite a favorable outlook

Salasar Techno Engineering Ltd. is trading below its 100 day SMA of 9.2

Salasar Techno Engineering Ltd.

23 Oct 2024

8.75

-1.57%

to see Rapid results content

Salasar Techno Engineering Ltd.

14 Aug 2024

8.75

-1.57%

Salasar Techno Engineering Q1 results: Net profit rises 3.5% to Rs 10.49 cr

Business Standard

EPC player Salasar Techno Engineering Ltd on Wednesday reported a nearly 3.5 per cent rise in consolidated net profit to Rs 10.49 crore in June, on account of higher income. It had posted a net profit of Rs 10.14 crore in the April-June period of the preceding financial year, the company said in a regulatory filing. The company increased its total income to Rs 295 crore in the June quarter from Rs 262 crore a year ago. During the quarter, its expenses stood at Rs 280 crore against Rs 248 crore in the first quarter of FY24. Salasar Techno Engineering Ltd is a steel structure manufacturer and EPC infrastructure company, providing services across telecom, energy and railways.

Salasar Techno Engineering Ltd. is trading below its 100 day SMA of 9.2

Salasar Techno Engineering Ltd.

14 Aug 2023

8.75

-1.57%

to see Rapid results content

Salasar Techno Engineering Ltd.

26 Feb 2020

8.75

-1.57%

Salasar Techno share price gains 6% on order win

Moneycontrol

The share touched its 52-week high Rs 245.00 and 52-week low Rs 86.50 on 05 March, 2019 and 15 October, 2019, respectively.

Promoters pledged 0.15% of shares in last quarter. Total pledge stands at 4.97% of promoter holdings

Salasar Techno Engineering Ltd.

25 Jul 2017

8.75

-1.57%

Salasar Techno Engineering (STEL) soars on debut

Shares of infrastructure firm Salasar Techno Engineering (STEL) made a strong debut at the bourses today with over a 151% increase from its issue price of Rs 108. The IPO had been over-subscribed an astonishing 272.9 times. The company is currently holding steady at Rs. 272.1 on the BSE as of this writing.

Analysts were broadly bullish about this IPO, noting that the listing was priced reasonably. The company had also seen good balance sheet growth over the last few years. Over FY13- FY17 the revenues of STEL grew at a CAGR of 16%, and growth in net profit was 43.2%.

Salasar Techno has gained 25.18% in the last 6 Months

Salasar Techno Engineering Ltd.

18 Jul 2017

8.75

-1.57%

Salsar Techno Engineering (STEL) IPO over-subscribed 273 times

The initial public offer (IPO) of infrastructure firm Salasar Techno Engineering (STEL) was over-subscribed an overwhelming 272.93 times. Monday was the last day for bids. This translated into the IPO receiving bids for 90,63,94,500 shares against the total issue size of 33,21,000 shares.

The IPO had opened for bidding on 12 July. The issue price of Rs. 108 per share (totalling to Rs. 35.86 crore) was considered reasonable by most analysts. Management plans to use the money to meet working capital requirements. Over FY13- FY17 the revenues of STEL grew at a CAGR of 16%, and growth in net profit was 43.2%.

Salasar Techno Engineering is a leading provider of customized steel fabrication and infrastructure solutions in India for telecommunication towers, transmission towers, substation structures and solar module mounting structures. Projected growth in this sector is expected to boost revenues in coming quarters.

Salasar Techno has gained 25.18% in the last 6 Months

Is Salasar Techno Engineering Ltd. worth buying?

1676 Votes:

Buy 89.2%

Sell 5.19%

Hold 5.61%

26.63% Gain from 52W Low

Salasar Techno News and Updates

Keep track of all breaking news on Salasar Techno from all sources in a single place.