Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

“The fund raising committee...has approved the issuance and allotment of 3,00,00,000 equity shares to qualified institutional buyers in present tranche at the issue price of Rs 27.30 per equity share (including a premium of Rs 26.30 per equity share), aggregating to Rs 81,90,00,000,” it said.

Salasar Techno Engineering board approves raising Rs 82 cr from 4 FPIs

The proposal was approved by the fund raising committee of the company’s board at its meeting held on Tuesday, Salasar Techno Engineering said in a statement.

Salasar Techno Engineering board approves raising Rs 82 crore from 4 FPIs

Ceinsys Tech Ltd, Earum Pharmaceuticals Ltd, Patel Integrated Logistics Ltd Partly Paidup and Maximus International Ltd are among the other losers in the BSE’s ‘B’ group today, 29 June 2022.

Salasar Techno Engineering Ltd leads losers in ‘B’ group

Salasar Techno Engineering to Raise Funds Up to Rs 200 Crore in Multiple Modes; It was also decided that Salasar Techno Engineering will appoint various intermediaries, merchant bankers, advisors, legal counsel etc to raise the funds.

Salasar Techno Engineering to Raise Funds Up to Rs 200 Crore in Multiple Modes

A proposal for enhancement of borrowing limit to Rs 700 crore from Rs 500 crore was also given a go-ahead by the board.

Salasar Techno Engineering Plans To Raise Rs 200 Crore Through Various Modes

Salasar Techno Engineering plans to raise Rs 200 cr via various modes

Board of Salasar Techno Engineering approves fund raising up to Rs 200 cr

The board of the engineering company on Wednesday approved raising upto Rs 200 crore via multiple fund raising options and enhancing borrowing limits to Rs 700 crore.

Salasar Techno Engg board approves fund raising worth Rs 200 cr

Salasar Techno Engineering Ltd is a small cap company with a market capitalization of ₹727.41 Crore that operates in the industrial capital goods industry.

This small cap industrial stock finalizes record date for stock split

Stocks in news: Reliance, Eicher Motors, YES Bank, Delta Corp, NTPC, Nestle India, Vedanta, Salasar Techno Engineering and more

Stocks in news: Reliance, Eicher Motors, YES Bank, Delta Corp and more

The company said its overall order book in 2020-21 was at Rs 988 crore.

Salasar Techno Engineering bags orders worth Rs 1,182 cr in FY22

Salasar Techno Engineering is a provider of steel solutions in India. It provides customized steel fabrication and infrastructure solutions for telecommunication towers, transmission towers, substation structures and solar module mounting structures

Salasar Techno Engineering Ltd

Salasar Techno Engineering Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Salasar Techno Engineering board approves raising Rs 82 cr from 4 FPIs

Salasar Techno Engineering board approves raising Rs 82 crore from 4 FPIs

Salasar Techno Engineering Ltd leads losers in ‘B’ group

Salasar Techno Engineering to Raise Funds Up to Rs 200 Crore in Multiple Modes

Salasar Techno Engineering Plans To Raise Rs 200 Crore Through Various Modes

Salasar Techno Engineering plans to raise Rs 200 cr via various modes

Board of Salasar Techno Engineering approves fund raising up to Rs 200 cr

Salasar Techno Engineering Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Salasar Techno Engineering board approves raising Rs 82 cr from 4 FPIs

Salasar Techno Engineering board approves raising Rs 82 crore from 4 FPIs

Salasar Techno Engineering Ltd leads losers in ‘B’ group

Salasar Techno Engineering to Raise Funds Up to Rs 200 Crore in Multiple Modes

Salasar Techno Engineering Plans To Raise Rs 200 Crore Through Various Modes

Salasar Techno Engineering plans to raise Rs 200 cr via various modes

Board of Salasar Techno Engineering approves fund raising up to Rs 200 cr

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock