Shares of Salasar Techno rises post order win

The shares of Salasar Techno Engineering Limited were trading in green on Thursday after the company announced that it has secured an order for the construction of 220 and 66 kV transmission lines in Yamuna Nagar and Ambala area on a turnkey basis received from Haryana Vidyut Prasaran Nigam Limited (HVPNL).  

The order which has a consideration of Rs 28.65 crore is to be executed by August 2021. It comprises of the supply, erection, civil, testing and commissioning of equipment for the construction of 220 and 66 kV transmission lines in Yamuna Nagar and Ambala area of Haryana.

Salasar Techno Engineering Limited is a provider of customised steel fabrication and infrastructure solutions in India. It provides solutions by carrying out engineering, designing, fabrication, galvanisation and deployment.

On Thursday, the stock of the company closed at Rs 80.80, up by 3.79 per cent or Rs 2.95 per share. The 52-week high is Rs 213.35 and the 52-week low is Rs 68.80 on BSE.