30/01/2024
This small cap stock is up around 70% in just 1 week.
Company ka naam hai Salasar techno Engineering Limited.
This co is a one stop solution provider in engineering and infrastructure solutions.
It is engaged in providing turnkey EPC services for Railway and Power sectors and is also engaged in designing and manufacturing of telecom towers.
There are 3 major reasons behind this rally
First, 18th Jan ko company ne apni board meeting mein 4:1 ka bonus announce kiya tha.
Second, 23rd January k Press Release k according this Company has been declared successful bidders (L-1) for various additional contracts, accumulating to ~ Rs. 980 crores under Government of India’s Revamped Distribution Sector Scheme (RDSS).
And third, as per the board meeting held on 25th January, the company has decided to raise around 800 cr rupees to help in growth & expansion of the company business
DISCLAIMER : Also, this Is not a buy sell recommendation. Kindly Do your Own research before investing.
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