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New Delhi [India], May 2 (ANI/PNN): Salasar Techno Engineering Ltd

Get latest articles and stories on Business at LatestLY. Salasar Techno Engineering Ltd. (BSE: 540642, NSE: SALASAR), has informed the exchanges that in its board meeting held on April 30, 2022, the Board of Directors of the Company have approved split/ sub-division of equity shares of the company. Business News | Salasar Techno Engineering Ltd Announces Split at 1:10 Ratio.

Salasar Techno Engineering will invest Rs 100 crore to expand its business, the companys joint managing director Shashank Agarwal said. While Rs 50 crore is to be invested to set up a fabrication unit at Bhilai, another Rs 50 crore is to be utilised in putting up a galvanising plant, Agarwal told P

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SBI, ITC and GHCL stocks could give a good returns today. The Nifty futures were trading higher around 17,085 level on the Singaporean Exchange at 7:30 IST. Asian markets are trading lower, while US markets ended on a weak note.

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Salasar Techno Engineering rose 3.25% to Rs 709.50 after the companys consolidated net profit soared 163.36% to Rs 9.85 crore on 94.73% increase in income from operations to Rs 211.50 crore in Q4 March 2021 over Q4 March 2020. Profit before tax surged 274.19% to Rs 17.40 crore in Q4 FY21 as against Rs 4.65 crore in Q4 FY20. During the financial year, Salasar Techno Engineerings consolidated net profit jumped 33.61% to Rs 29.89 crore on 13.36% rise in income from operations to Rs 596.58 crore i...

Read more about Salasar Techno gains on bagging project from ITI Bangalore on Business Standard. Salasar Techno Engineering gained 1.23% to Rs 628 after the company secured a project worth Rs 54.90 crore from ITI Bangalore for constructing telecom towers at various locations in India.

The key barometers hit a fresh intraday high in early afternoon trade, tracking positive Asia cues. The Nifty index traded above 15,300 level. IT stocks rallied while metal stocks corrected. At 12:20 IST, the barometer index, the S&P BSE Sensex, rose 386.43 points or 0.76% at 51,023.96. The Nifty 50 index gained 99.70 points or 0.66% at 15,308.15. In the broader market, the S&P BSE Mid-Cap index rose 0.25% while the S&P BSE Small-Cap index added 0.87%. The market breadth was strong. On the BSE...