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Salasar Techno Engineering Ltd. ( (IN:SALASAR) ) has shared an announcement.
Salasar Techno Engineering Ltd. has secured two significant contracts worth INR 695.18 Crores from Rail Vikas Nigam Limited. These contracts involve service support, procurement management, and erection work for distribution infrastructure in Himachal Pradesh, under the Revamped Reforms-based and Results-linked Distribution Sector Schemes. This development is expected to enhance the company’s market position by expanding its involvement in infrastructure projects, potentially leading to increased revenue and strengthening its foothold in the engineering sector.
More about Salasar Techno Engineering Ltd.
Salasar Techno Engineering Ltd. operates in the engineering sector, focusing on providing infrastructure solutions. The company specializes in service support, procurement management, and erection work for distribution infrastructure, particularly aiming at loss reduction in the power distribution sector.
Average Trading Volume: 1,838,513
Technical Sentiment Signal: Hold
Current Market Cap: 17.35B INR
See more insights into SALASAR stock on TipRanks’ Stock Analysis page.