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Salasar Techno Engineering has informed the stock exchange that the company's board of directors has approved the results for the third quarter of the current financial year.

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Share market news: The BSE Sensex was trading 19 points higher at 72,205 at 10:45 am on Wednesday, while the Nifty was trading 21 points higher at 21,950. Amid a bullish stock market, shares of Salasar Techno Engineering Limited were trading 4.95% higher at Rs 33.95 on Wednesday morning. Salasar Techno Engineering is a company that has given multibagger returns to investors in the stock market.

Shares of Salasar Techno Engineering, which has a market capitalization of Rs 5,370 crore, have also hit a 52-week high. The last 52-week low of Salasar Techno Engineering stock is Rs 7.25. In the last five days, shares of Salasar Techno Engineering have given investors a return of 21 percent, while in the last one month they have posted a record return of 136% from the Rs 14.41 level.

In the last six months, shares of Salasar Techno Engineering have made investors rich by delivering a return of 238% from a low of Rs 10. On February 7, 2023, shares of Salasar Technology Engineering were trading at the level of Rs 8.76 , on which investors received a return. bumper efficiency of 288 percent.

Shares of Salasar Techno, which hit a low of Rs 7.25 on March 28, 2023, have made investors rich by delivering bumper returns of 350% in just a period of 10 months. Salasar Techno Engineering has informed the stock exchange that the company's board of directors has approved the results for the third quarter of the current financial year.

Salasar Techno Engineering has told the stock market that its operating income from operations rose 26.02% to Rs 303.18 crore in the third quarter of the current fiscal from Rs 240.8 crore.

The company's EBITDA rose 56% from Rs 24 crore to Rs 37.46 crore compared to the third quarter of the previous fiscal. The company's profit before tax rose 61% from Rs 14.39 crore to Rs 23.12 crore compared to the third quarter of the previous fiscal. The company's net profit after tax rose 57% to Rs 16.75 crore from Rs 10.69 crore in the third quarter of the previous fiscal.

Disclaimer: The article is for information purposes only and not for investment advice.