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MOBILE & TELECOMMUNICATIONS | Towers & Infrastructure
salasartechno.com

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Stage

IPO | IPO

Date of IPO

7/25/2017

Market Cap

7.18B

About Salasar Techno Engineering

Salasar Techno Engineering is engaged in the manufacturing of galvanized steel products. The company's products include telecommunication towers, power transmission line towers, smart lighting poles, monopoles, guard rails, substation structures, solar module mounting structures, and customized galvanized and non-galvanized steel structures. Salasar also offers engineering, procurement, and control services for rural electrification, power transmission lines, and solar power plant projects. In addition, the company undertakes civil foundation works, and the erection of telecom and transmission towers at site, including painting, as well as EPC turnkey projects for solar mounting structures.

Salasar Techno Engineering Headquarter Location

E-20, South Extension I

New Delhi, 110 049,

India

+91 11 41648566

Latest Salasar Techno Engineering News

Salasar Techno share price up 2% on orders worth Rs 54.90 crore from ITI Bangalore

May 26, 2021

The share touched a 52-week high of Rs 648.80 and a 52-week low of Rs 96.80 on 24 May, 2021 and 02 June, 2020, respectively. Trade × Salasar Techno Engineering share price added over 2 percent intraday on May 26 after company bagged new orders worth Rs 54.90 crore from ITI Bangalore. “…. has received LOA from ITI Bangalore for constructing telecom towers at various locations in India,” company said in the release. The cost of the work allocated is Rs 54.90 crore (exclusive of GST) which involves design, supply, construction and commissioning of towers across various army bases. “This project is very special to us as this is of significant national importance. We had participated in the tender floated by ITI a few months back and have won this work based on our past experience and capabilities and of course by offering the most competitive prices," said Shashank Agarwal, MD of Salasar Techno Engineering. At 11:33 hrs, Salasar Techno Engineering was quoting at Rs 637.40, up Rs 17.05, or 2.75 percent on the BSE.

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