Salasar Techno Engineering Sees Surge in Trading Activity and Investor Engagement
Salasar Techno Engineering Ltd has become one of the most actively traded stocks, with over 78 million shares exchanged and a trading value of approximately Rs 61.76 crores. The stock has shown notable gains over the past two days and has increased investor participation, reflecting strong market engagement.
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 78,373,341 shares and a total traded value of approximately Rs 61.76 crores. The stock opened at Rs 7.50 and reached a day high of Rs 8.41, while the last traded price (LTP) settled at Rs 7.77, reflecting a 5.44% return for the day.Notably, Salasar Techno Engineering has outperformed its sector by 3.87% and has shown a consecutive gain over the last two days, accumulating a total return of 9.36% during this period. The stock's performance is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.
Investor participation has also seen a significant uptick, with a delivery volume of 2.04 crore shares on July 9, marking a 109.69% increase compared to the 5-day average delivery volume. With a market capitalization of Rs 1,405.59 crores, Salasar Techno Engineering continues to demonstrate liquidity, suitable for trades around Rs 0.57 crores based on 2% of its 5-day average traded value. Overall, the stock's performance today highlights its active engagement in the market.
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