Salasar Techno Engineering Limited
Share Price Target & Analysis

NSE:SALASAR

20.90

VWAP

20.90

Open

20.85

Close

21.10

High

20.80

Low

33.95

52 Week High

20.85
0.00 (0.00%)

SALASAR

(INDUSTRIAL MANUFACTURING)
49.8% Momentum

Turnaround Potential

7.87

52 Week Low

0.32

EPS

62.57

PE

7.9

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: SALASAR Share Price Financial Analysis & Valuation

Salasar Techno Engineering Limited (SALASAR) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering vertical. It is one of Small Cap company with Market Capitalization of Rs 618.7 (in Cr). Total number of free float shares are 1.3 (in Lacs). Salasar Techno Engineering Limited is listed on NSE with Exchange ID - INE170V01027 and trading code is NSE:SALASAR with short name Salasar Techno .

In the past 1 year, Salasar Techno Engineering Limited has declared an equity dividend of Rs 0.1 per share. At the current share price of SALASAR at Rs 20.85, this results in a dividend yield of 0.48 %.

As per the Fundamental Analysis of NSE:SALASAR, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SALASAR underlying value and future prospects. All of this data is available in SALASAR financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:SALASAR, it is clearly understood that SALASAR is Economical performer in terms of earnings and profit margins with an EPS of 0.32. NSE:SALASAR book value per share as of today is 2.64. The current price to book ratio for SALASAR as of Apr 29, 2024 is 7.9.

Valuation of the Stock: The current valuation of SALASAR stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SALASAR whether to BUY this stock at current valuation. The delivery percentage of SALASAR is 47.48% is very crucial parameter which shows that 47.48% investors are anticipating that the price of SALASAR share should go up with VWAP at 20.90.

Now, the main question is whether to BUY or SELL, NSE:SALASAR at current valuation.
As per latest Analysis No. #25564:-

STRONG BUY SALASAR if All Greens

BUY SALASAR (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD SALASAR (With Stop Loss) if only 1 Green

SELL SALASAR if NO Green Indicator

NSE: SALASAR Share Price Today (Apr 29, 2024)

(Salasar Techno Engineering Limited Daily Analysis on the basis of SALASAR Intraday Graph & Trend)

Salasar Techno Engineering Limited share price moved Down by 0.00% from its previous close of Rs 20.85. SALASAR stock last traded price is 20.85. SALASAR share price trend is Down with a total of 2667820 stocks traded till now. It has touched an intraday high of Rs 21.10 and an intraday low of Rs 20.80. The SALASAR trading at 20.85, Down by Rs. 0.00, or 0.00 percent which suggests that most of the Traders are anticipating that the price of SALASAR share should go Down.

NSE: SALASAR Share Price Tomorrow Prediction

(Salasar Techno Engineering Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SALASAR)

Salasar Techno Engineering Limited share price moved Down by 0.00%. SALASAR share price short term trend is Down. It suggests that SALASAR Share Price for Tomorrow remains the same with VWAP at 20.90 will be treated as stop loss for intraday traders. Salasar Techno Engineering Limited Long term investors can follow the SALASAR long term trend as mentiond in future forecast table.

NSE Code

NSE: SALASAR

SALASAR Share Price Today

20.85

SALASAR Share Price Target Prediction for 2024 ^

8.3 - 22.3

SALASAR Share Price Target Prediction for 2025*^

22.3 - 23.2

SALASAR Share Price Target Prediction for 2026*^

23.2 - 24.4

SALASAR Share Price Target Prediction for 2027*^

26

SALASAR Share Price Target Prediction for 2028*^

26

SALASAR Share Price Target Prediction for 2030*^

28
SALASAR Current Book Value 2023
2.6

*Salasar Techno Engineering Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^SALASAR share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SALASAR Technical Analysis

Candlestick Pattern: @21

SALASAR Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 21.92 SELL 21.76 SELL
MA_12 21.73 SELL 21.89 SELL
MA_20 21.63 SELL 22.03 SELL
MA_32 22.54 SELL 22.2 SELL
MA_50 24.27 SELL 21.86 SELL
MA_100 20.07 BUY 20.13 BUY
MA_200 14.56 BUY 16.2 BUY

SALASAR Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 21.63 Downtrend
MACD 0.09 BUY
ADX 17.21 NO or Weak Trend
DMI (+/-) 27.43 / 23.52 Uptrend

SALASAR Momentum Oscillators

BUY (2) NEUTRAL (6) SELL (4)
Momentum Oscillators Value Action
RSI 42.71 Neutral
STOCHASTIC_K (Fast) 3.75 Oversold
STOCHASTIC_D (Slow) 11.79 Oversold
CCI -57.99 Neutral
PSAR 20.59 BUY
TRUE RANGE 1.1 Neutral
ATR 1.2 Neutral
WILLIAMS R -74.12 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 10.99 Oversold
MOMENTUM 0.3 BUY

SALASAR Last 1 Year Trend

Duration Value
1 Year 158.94%
3 Months 46.24%
1 Month 1.45%
1 Week -7.49%

SALASAR Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 27%
NEUTRAL / HOLD 23%
SELL 50%

Most popular Questions & Answers about SALASAR


Salasar Techno Engineering Limited stock last traded price is 20.85. SALASAR share price moved Down by 0.00% from its previous close of Rs 20.85.

Salasar Techno Engineering Limited share price trend is Down with a total of 2667820 stocks traded till now. It has touched an intraday high of Rs 34.2895 and an intraday low of Rs 20.80. The SALASAR trading at 20.85, Down by Rs. 0.00, or 0.00 percent which suggests that most of the Traders are anticipating that the price of SALASAR share should go Down and the Stop Loss will be around 20.90.

The market cap of Salasar Techno Engineering Limited is ₹618.7 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Salasar Techno Engineering Limited as of Apr 28, 2024 is 62.57.

The current price to book ratio for Salasar Techno Engineering Limited as of Apr 28, 2024 is 7.9.

The highest price of Salasar Techno Engineering Limited stock is ₹33.95 in the last 52-week.

The lowest price of Salasar Techno Engineering Limited stock is ₹7.87 in the last 52-week.

Salasar Techno Engineering Limited share trading at ₹20.85, Down by Rs. 0.00, or 0.00 percent which suggests that most of the traders are anticipating that the price of SALASAR share should go Down.

In 2023, Stock price target for Salasar Techno Engineering Limited (SALASAR) are ₹8.3 on downside and ₹22.3 on upside. Salasar Techno Engineering Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Salasar Techno Engineering Limited (SALASAR) are ₹22.3 on downside and ₹23.2 on upside. Salasar Techno Engineering Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Salasar Techno Engineering Limited (SALASAR) are ₹23.2 on downside and ₹24.4 on upside. Salasar Techno Engineering Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Salasar Techno Engineering Limited (SALASAR) will be around ₹26 Salasar Techno Engineering Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SALASAR.

As per the fundamental analysis of Salasar Techno Engineering Limited (SALASAR), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.32. Salasar Techno Engineering Limited book value per share as of today is 2.64. The current price to book ratio for SALASAR as of Apr 29, 2024 is 7.9.


NSE:SALASAR News & Other Useful Information about SALASAR Share Price


Peer Comparison of NSE: SALASAR

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engineering

Company Price EPS BV
IONEXCHANG 555.95 13.85 63.92
LTTS 4754.90 118.96 443.29
QUESS 638.50 12.66 146.25
CRAFTSMAN 4472.80 110.03 649.07
ENGINERSIN 240.20 7.56 37.46
PITTIENG 873.60 23.3 104.24
SKIPPER 345.80 6.81 80.79
SALASAR 20.85 0.32 2.64
HERCULES 507.25 34.08 220.83
OMINFRAL 137.20 7.32 72.36
Updated at: 29 Apr 2024 09:52

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