Salasar Techno Engineering Sees Increased Trading Activity Amid Ongoing Market Challenges

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 32,587,499 shares and a total traded value of approximately Rs 2,385.40 lakhs. The stock opened at Rs 7.44 and reached a day high of Rs 7.76, but it also hit a new 52-week and all-time low of Rs 7.03 during the trading session.
As of the latest update, the last traded price (LTP) stands at Rs 7.12, reflecting a decline of 1.12% for the day. Over the past six days, Salasar Techno has experienced a consecutive fall, resulting in a total drop of 10.94%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging performance trend.

Despite the downturn, there has been a notable increase in investor participation, with a delivery volume of 1.42 crore shares on July 2, marking a 15.99% rise compared to the 5-day average. The stock remains liquid enough for trades sized at Rs 0.46 crore, based on 2% of the 5-day average traded value. Overall, Salasar Techno Engineering's performance today reflects ongoing challenges within the market context.