Salasar Techno Engineering Faces Significant Stock Volatility Amid Sector Decline in October 2023

Feb 14 2025 01:16 PM IST
share
Share Via
Salasar Techno Engineering has faced notable volatility, with its stock reaching a new 52-week low. The company has underperformed its sector and is trading below key moving averages. Over the past month, it has seen a significant decline, contrasting with the more stable performance of the Sensex.
Salasar Techno Engineering, a small-cap player in the Engineering - Industrial Equipment sector, has experienced significant volatility today, with its stock price declining by 7.03%. This drop has brought the stock to a new 52-week low of Rs. 10.33.

In terms of performance metrics, Salasar Techno Engineering has underperformed its sector, which has seen an overall decline of 3.9%. The company's stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend.

Over the past month, Salasar Techno Engineering has faced a steep decline of 20.40%, contrasting sharply with the Sensex, which has only dipped by 1.27% during the same period. Additionally, the stock's one-day performance shows a loss of 7.21%, compared to the Sensex's modest decline of 0.80%. These figures highlight the challenges faced by Salasar Techno Engineering in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News