India's Salasar Techno hits record high on Q3 profit jump

Salasar Techno Engineering

06/02/2024 06:07

** Shares of Salasar Techno Engineering  SALA.NS  up 4.9% to
a record high to 32.35 rupees 
    ** Steel fabrications solutions provider reported a 56.2%
rise in its Dec-qtr profit; rev from ops rose 26.2%
    ** Stock has been trading above its 200-day moving avg since
Nov
    ** SALA on track for a fourth consecutive week of gains, if
trends hold 
    ** Stock up 95.2% in January

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))