Salasar Techno Engineering Faces Continued Decline Amidst Market Challenges

Salasar Techno Engineering, a small-cap player in the engineering and industrial equipment sector, has experienced significant activity today as it approaches a 52-week low. The stock is currently trading just 0.5% above its recent low of Rs 10.01, reached on February 25, 2025. Over the past three days, Salasar Techno has seen a decline of 10.18%, continuing a downward trend that has persisted for several sessions.
In terms of performance metrics, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of underperformance. Over the past year, Salasar Techno Engineering has recorded a staggering decline of 60.49%, contrasting sharply with the Sensex, which has gained 2.13% during the same timeframe. This stark difference highlights the challenges faced by the company in the current market environment. As the stock continues to navigate these turbulent waters, its performance remains closely monitored by market participants.