Salsar Adorus Infra LLP, a subsidiary of Salasar Techno Engineering Limited receives new work order worth Rs. 252 Crore appx.

Salsar Adorus Infra LLP, a subsidiary of Salasar Techno Engineering Limited has entered into a work contract with Texmaco Rail and Engineering Limited for carrying out a portion of work of "Design, Supply, Installation, Testing & Commissioning of Ballastless Track of Standard Gauge in elevated viaduct section and underground section along with blasted track in depots" for Bangalore Metro Corporation Rail project.

The value of the contract is approx. Rs. 252 Crores. The execution of work will start from next week and would be completed over next 30 to 36 months.

Shares of Salasar Techno Engineering Ltd was last trading in BSE at Rs.245 as compared to the previous close of Rs. 240.55. The total number of shares traded during the day was 1193 in over 118 trades.

The stock hit an intraday high of Rs. 245.65 and intraday low of 241.1. The net turnover during the day was Rs. 290430.

Source : Equity Bulls

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