Salasar Techno Engineering drops 3% despite securing order of Rs7.40cr

The company received an order of Solar Module Mounting Structure from AVAADA for their 300 MW plant.

Aug 31, 2020 12:08 IST India Infoline News Service

Salasar Techno Engineering Limited has secured an order of Solar Module Mounting Structure valuing Rs 7.40cr received from AVAADA Clean Project Private Limited for their 300 MW plant at Bikaner, Rajasthan.

The company is a provider of customised steel fabrication and infrastructure solutions in India.

The company stock is currently trading at Rs169.45, down by Rs5.95 or 3.39% from its previous closing of Rs175.40 on the BSE.
The scrip opened at Rs175.90 and has touched a high and low of Rs175.90 and Rs167.20 respectively. So far 8,700 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs233.02cr.

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