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Shares of smallcap company Salasar Techno Engineering have given multi-bagger returns. The shares of the company have increased from Rs 4.08 to Rs 79. Shares of Salasar Techno Engineering have increased by more than 536.66% during this period. The company fixed bonus shares to its investors in the ratio of 4:1. That is, the company will give 4 bonus shares for every share. Salasar Techno Engineering has announced the record date of bonus shares on Thursday.
Salasar Techno Engineering 1st February is the record date for bonus shares
Salasar Techno Engineering has fixed the record date of the bonus shares as 1 February 2024. This is the second time that the multi-bagger company is going to give bonus shares to its investors. The company had earlier given bonus shares in the ratio of 1:1 in July 2021. The company gave 1 bonus share for every 1 share. Salasar Techno Engineering’s business is in telecommunication, power, renewable, smart city solutions, poles, and heavy steel structures segments.
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536.66% jump in shares in less than 4 years
Shares of Salasar Techno Engineering have jumped 536.66% in less than 4 years. Shares of the company related to the industrial products industry were at Rs 4.08 on May 8, 2020. The shares of the company have reached Rs 70.49 on January 18, 2024.
In the last 3 years, shares of Salasar Techno Engineering have risen by a whopping 411%. The company’s shares have increased from Rs 13.98 to Rs 70.49 during this period. At the same time, the company’s shares have seen a rise of more than 37% in the last year. The 52-week high level of the company’s shares is Rs 74.70. At the same time, the 52-week low level of the company’s shares is Rs 36.25.