Salasar Techno Engineering Shows Increased Trading Activity Amid Declining Delivery Volumes

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 18,123,144 shares and a total traded value of approximately Rs 1,725.32 lakhs. The stock opened at Rs 9.12 and reached a day high of Rs 9.85, closing at Rs 9.70, reflecting a notable 7.06% return for the day.
Over the past two days, Salasar Techno Engineering has shown a consecutive gain, rising 8.53% during this period and outperforming its sector by 7.43%. However, it is important to note that the stock's delivery volume has seen a significant decline, with a delivery volume of 454,900 shares on September 15, down 85.18% compared to the five-day average.

In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. With a market capitalization of Rs 1,618.00 crore, Salasar Techno Engineering continues to demonstrate active trading dynamics within its market segment. Overall, the stock's performance today highlights its current market activity and position within the industrial manufacturing industry.