Salasar Techno Engineering Shows Strong Trading Activity Amid Investor Engagement Fluctuations
Salasar Techno Engineering Ltd has become one of the most actively traded stocks, with over 6 million shares exchanged. The stock has shown a notable performance rebound after previous declines, outperforming its sector. However, investor participation has decreased significantly, indicating fluctuating engagement despite the stock's liquidity.
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 6,165,730 shares and a total traded value of approximately Rs 468.60 lakhs. The stock opened at Rs 7.50 and reached a day high of Rs 7.72, while the day low was recorded at Rs 7.40. The last traded price (LTP) stands at Rs 7.67.In terms of performance, Salasar Techno Engineering has outperformed its sector by 2.87% today, marking a trend reversal after two consecutive days of decline. The stock's one-day return is noted at 4.21%, contrasting with the sector's return of 0.32% and the Sensex's decline of 0.15%.
Despite this positive movement, investor participation appears to be waning, with delivery volume on July 8 falling by 59.38% compared to the five-day average. The stock remains liquid enough for trades, with liquidity based on 2% of the five-day average traded value amounting to Rs 0.39 crore. Overall, Salasar Techno Engineering's performance today reflects a notable rebound amidst fluctuating investor engagement.
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