Salasar Techno Engineering Sees Increased Trading Activity Amid Declining Investor Participation

Salasar Techno Engineering Ltd, a small-cap player in the industrial manufacturing sector, has emerged as one of the most active equities today, with a total traded volume of 13,328,729 shares and a total traded value of approximately Rs 1,366.19 lakhs. The stock opened at Rs 10.00 and reached a day high of Rs 10.54, while the day low was recorded at Rs 9.94. As of the latest update, the last traded price stands at Rs 10.34.
In terms of performance, Salasar Techno has outperformed its sector by 4.26% today, marking a notable 5.47% return over the day. The stock has shown consistent upward momentum, gaining for the last four consecutive days and delivering a total return of 14.17% during this period. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong trend.

However, it is worth noting that investor participation has seen a decline, with delivery volume on September 17 falling by 20.82% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of Rs 0.51 crore, based on 2% of the 5-day average traded value. Overall, Salasar Techno Engineering Ltd continues to demonstrate significant activity and performance in the market.