Salzer Electronics patents its 'Integral Cam Operated Rotary Switch'; stock climbs ~2%

18 Apr 2022 , 03:04 PM

Salzer Electronics Limited, one of the leading players offering total and customized electrical solutions, announced that the Company has received a patent for its Integral Cam Operated Rotary Switches.

Salzer received the patent for this invention from the Patent Office, Government of India, for a duration of 20 years, ending 2031. This reflects the Company’s relentless efforts towards innovation and technology and paves the way for future product development.

Integral Cam Operated Rotary is one of the legacy products providing contributing substantially to the company’s revenue. This patent safeguards distinguished features and brand equity of the product in the market.

Salzer Electronics is currently trading at Rs195.30 up by Rs2.9 or 1.51% from its previous closing of Rs192.40 on the BSE. Its scrip has touched intraday high and low of Rs201 and Rs195 respectively.