The company board of Salasar Techno Engineering met on Thursday, January 25, 2024 to consider and approve fund raising plans, amounting to Rs 806.4 crore.
Shares of Salasar Techno Engineering have surged more than 210 per cent from its 52-week low at Rs 36, while the scrip has surged about 67 per cent in the last five sessions.
Shares of Salasar Techno Engineering surged 6.3 per cent on Friday to Rs 74.95, hitting its new 52-week high, commanding a total market capitalization of close to Rs 2,400 crore.
Salasar Techno shares ended the trading session at Rs 64.17, with a total market capitalization of 2,038 crore. It scaled new 52-week high of Rs 65.40 for the day.