Salasar Techno Engineering's Stock Sees 7.4% Increase, Outperforms Sector and Sensex

Salasar Techno Engineering, a smallcap company in the engineering industry, saw a 7.4% increase in its stock price on September 16, 2024. This outperformed the sector by 4.81%, indicating a positive trend for the company.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for Salasar Techno Engineering is 'Sell'. However, the company's stock has been on a consecutive gain for the last 2 days, with a 7.47% increase in returns during this period.

On September 16, the stock reached an intraday high of Rs 22.4, showing a 6.92% increase, and an intraday low of Rs 20.37, with a decrease of 2.77%. Salasar Techno Engineering is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance.

In comparison to the Sensex, Salasar Techno Engineering's 1-day performance was 7.54%, while the Sensex showed no change. Over the past month, the company's stock has seen a 32.14% increase, while the Sensex has only seen a 3.05% increase.

Overall, Salasar Techno Engineering's stock has shown a positive trend and has outperformed the sector and the Sensex. Investors may want to keep an eye on this smallcap company in the engineering industry as it continues to show promising growth.