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Salasar Techno Engineering surges on winning two contracts worth Rs 695.18 crore

The orders are to be executed within 20 months

Salasar Techno Engineering is currently trading at Rs. 10.15, up by 0.17 points or 1.70% from its previous closing of Rs. 9.98 on the BSE.

The scrip opened at Rs. 10.68 and has touched a high and low of Rs. 10.76 and Rs. 10.12 respectively. So far 1058718 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 16.68 on 06-Dec-2024 and a 52 week low of Rs. 6.89 on 14-Aug-2025.

Last one week high and low of the scrip stood at Rs. 10.76 and Rs. 9.85 respectively. The current market cap of the company is Rs. 1789.90 crore.

The promoters holding in the company stood at 48.04%, while Institutions and Non-Institutions held 3.55% and 48.41% respectively.

Salasar Techno Engineering secured two contracts aggregating to around Rs 695.18 crore from Rail Vikas Nigam. The company has secured first order worth around Rs 524.99 crore (Inclusive of GST) for the service support & procurement management contract for procurement of electrical & mechanical items for development of distribution infrastructure for loss reduction works at Mandi, Bilaspur, Kullu and Hamirpur operation circle at central zone of HPSEBL under Revamped Reforms-based and Results-linked, Distribution Sector Schemes (RDSS). 

The company has bagged another order worth around Rs 170.19 crore (Inclusive of GST) for the supply of erection work for development of distribution infrastructure for loss reduction works at Mandi, Bilaspur, Kullu and Hamirpur operation circle at central zone of HPSEBL under Revamped Reforms-based and Results-linked, Distribution Sector Schemes (RDSS). The orders are to be executed within 20 months.

Salasar Techno Engineering is a provider of customised steel fabrication and infrastructure solutions in India for Telecommunication Towers, Transmission Towers & Substation Structures and Solar Module Mounting Structures.