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Salasar Techno Engineering Limited
Share Price Target & Analysis

NSE:SALASAR

16.2

VWAP

15.66

Open

15.63

Close

16.8

High

15.44

Low

33.95

52 Week High

16.21 ⇧
0.58 (3.71%)

SALASAR

(INDUSTRIAL MANUFACTURING)
26.3% Momentum

Turnaround Potential

9.88

52 Week Low

0.29

EPS

56.09

PE

6.05

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 16.21, this results in a dividend yield of 0.62 %.

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 0.29. NSE:SALASAR book value per share as of today is 2.68. The current price to book ratio for SALASAR as of Nov 23, 2024 is 6.05.

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 37.32% is very crucial parameter which shows that 37.32% investors are anticipating that the price of SALASAR share should go up with VWAP at 16.2.

Now, the main question is whether to BUY or SELL, NSE:SALASAR at current valuation.
As per latest Analysis No. #26898:-

⇑ 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 (Nov 23, 2024)

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

Salasar Techno Engineering Limited share price moved Up by 3.71% from its previous close of Rs 15.63. SALASAR stock last traded price is 16.21. SALASAR share price trend is Up with a total of 9142660 stocks traded till now. It has touched an intraday high of Rs 16.8 and an intraday low of Rs 15.44. The SALASAR trading at 16.21, Up by Rs. 0.58, or 3.71 percent which suggests that most of the Traders are anticipating that the price of SALASAR share should go Up.

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 Up by 3.71%. SALASAR share price short term trend is Up. It suggests that SALASAR Share Price for Tomorrow remains the same with VWAP at 16.2 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

 16.21

SALASAR Share Price Target Prediction for 2024 ^

 10.4 - 23.3

SALASAR Share Price Target Prediction for 2025*^

 23.3 - 24.2

SALASAR Share Price Target Prediction for 2026*^

 24.2 - 25.4

SALASAR Share Price Target Prediction for 2027*^

 27

SALASAR Share Price Target Prediction for 2028*^

 27

SALASAR Share Price Target Prediction for 2030*^

 29
SALASAR Current Book Value 2023
2.7

*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: @16.45

SALASAR Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 17.01 SELL 16.92 SELL
MA_12 17.53 SELL 17.39 SELL
MA_20 17.53 SELL 17.66 SELL
MA_32 18.14 SELL 18.05 SELL
MA_50 19.07 SELL 18.32 SELL
MA_100 18.56 SELL 18.66 SELL
MA_200 20.54 SELL 18.28 SELL

SALASAR Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 17.53 Downtrend
MACD -0.07 SELL
ADX 24.3 NO or Weak Trend
DMI (+/-) 17.92 / 35.9 Downtrend

SALASAR Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 38.04 Neutral
STOCHASTIC_K (Fast) 52.67 Neutral
STOCHASTIC_D (Slow) 41.37 Neutral
CCI -112.24 SELL
PSAR 19.97 SELL
TRUE RANGE 0.48 Neutral
ATR 1.04 Neutral
WILLIAMS R -64.21 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -2.56 SELL

SALASAR Last 1 Year Trend

Duration Value
1 Year 78.22%
3 Months -3.86%
1 Month -13.47%
1 Week -9.02%

SALASAR Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 27%
SELL 73%

Most popular Questions & Answers about SALASAR


Salasar Techno Engineering Limited stock last traded price is 16.21. SALASAR share price moved Up by 3.71% from its previous close of Rs 15.63.

Salasar Techno Engineering Limited share price trend is Up with a total of 9142660 stocks traded till now. It has touched an intraday high of Rs 34.2895 and an intraday low of Rs 15.44. The SALASAR trading at 16.21, Up by Rs. 0.58, or 3.71 percent which suggests that most of the Traders are anticipating that the price of SALASAR share should go Up and the Stop Loss will be around 16.2.

The market cap of Salasar Techno Engineering Limited is ₹618.7 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Salasar Techno Engineering Limited as of Nov 22, 2024 is 56.09.

The current price to book ratio for Salasar Techno Engineering Limited as of Nov 22, 2024 is 6.05.

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 ₹9.88 in the last 52-week.

Salasar Techno Engineering Limited share trading at ₹16.21, Up by Rs. 0.58, or 3.71 percent which suggests that most of the traders are anticipating that the price of SALASAR share should go Up.

In 2023, Stock price target for Salasar Techno Engineering Limited (SALASAR) are ₹10.4 on downside and ₹23.3 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 ₹23.3 on downside and ₹24.2 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 ₹24.2 on downside and ₹25.4 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 ₹27 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.

The price of Salasar Techno Engineering Limited (SALASAR) shares moved by 3.71%. The short-term trend for SALASAR share price is Up. It implies that the share price of SALASAR will stay the same tomorrow and that intraday traders should treat VWAP at 16.2 as a stop loss. Investors with a long-term outlook can track SALASAR long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SALASAR stock is 3.5. Compared to the current market price of 16.21 INR, the SALASAR stock is Overvalued by 78.4%.

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 0.29. Salasar Techno Engineering Limited book value per share as of today is 2.68. The current price to book ratio for SALASAR as of Nov 23, 2024 is 6.05.


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 626.55 14.83 73.25
LTTS 5307.00 118.66 477.23
BEWLTD 228.70 0 51.68
QUESS 644.30 29.77 180.93
CRAFTSMAN 5210.60 59.4 648.63
ENGINERSIN 180.88 4.89 41.12
PITTIENG 1342.75 30.29 117.86
SKIPPER 531.70 10.19 84.68
SALASAR 16.21 0.29 2.68
HERCULES 234.22 13.22 296.23
Updated at: 22 Nov 2024 15:51

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