Hot Pursuit     18-Dec-23
Salasar Techno soars on bonus share issue proposal
Salasar Techno Engineering jumped 5.57% to Rs 54.60 after the company announced that its board will meet Wednesday (20 December 2023) to consider and recommend a proposal of declaration of bonus shares to its shareholders.

The announcement was made late on Saturday (16 December 2023).

Salasar Techno Engineering is engaged in manufacturing and sale of galvanized steel structure including telecom towers, transmission line towers and solar panels.

The company’s consolidated net profit jumped 21.8% to Rs 9.06 crore in Q2 FY24 as compared with Rs 7.44 crore in Q2 FY23. Net sales increased 6.4% YoY to Rs 275.35 crore in Q2 FY24.

On the BSE, 2.95 lakh shares were traded in the counter so far compared with average daily volumes of 1.36 lakh shares in the past two weeks.

Previous News
  Salasar Techno Engg. to declare Quarterly Result
 ( Corporate News - 02-Nov-22   16:01 )
  Salasar wins contracts worth Rs 1033 cr from TANGEDCO
 ( Corporate News - 13-Mar-24   09:33 )
  Salasar Techno Engineering consolidated net profit rises 56.20% in the December 2023 quarter
 ( Results - Announcements 05-Feb-24   07:44 )
  Salasar Techno Engg. to discuss results
 ( Corporate News - 28-May-24   15:35 )
  Salasar Techno Engineering emerges lowest bidder in three tenders
 ( Corporate News - 25-Jan-21   10:38 )
  Board of Salasar Techno Engg. recommends Final Dividend
 ( Corporate News - 02-Jun-22   11:01 )
  Salasar Techno Engg. to table results
 ( Corporate News - 23-May-22   13:55 )
  Salasar Techno Engg hits record high after board OKs 4:1 bonus issue
 ( Hot Pursuit - 20-Dec-23   15:13 )
  Board of Salasar Techno Engineering to consider proposed restructuring
 ( Corporate News - 17-Jan-24   18:20 )
  Salasar Techno Engineering consolidated net profit rises 22.64% in the September 2021 quarter
 ( Results - Announcements 30-Oct-21   18:30 )
  Salasar Techno spurts as board to mull stock split
 ( Hot Pursuit - 19-Apr-22   10:34 )
Other Stories
  G E Shipping enters into contract to sell medium range product tanker Jag Padma
  31-Oct-24   15:01
  Five-Star Business Finance Ltd leads losers in 'A' group
  31-Oct-24   15:00
  Master Trust Ltd leads losers in 'B' group
  31-Oct-24   14:45
  Volumes jump at Rainbow Childrens Medicare Ltd counter
  31-Oct-24   14:30
  Information Technology shares slide
  31-Oct-24   14:00
  Consumer Durables stocks slide
  31-Oct-24   14:00
  FMCG stocks edge lower
  31-Oct-24   14:00
  Shilpa Medicare slips after US FDA issues four form 483 obersvations to Bengaluru facility
  31-Oct-24   13:43
  LTIMindtree Ltd drops for fifth straight session
  31-Oct-24   13:35
  Automotive Axles slides as Q2 PAT drops 20% to Rs 36 cr
  31-Oct-24   13:24
Back Top