2388 Crore Order Book Multibagger in highest amount Penny Stop has increased by 7% from Rs 20 to Rs 15, starting on January 15.

The stop is up seven percent from the 52-week high of Rs 11.61 per share and gives a 975% percent profit over the next five years.

Today Indian stock market is seen in the color of green candle with S Sensex and NSE Nifty rising by 0.60 respectively and shares of Sal agar Technology Engineering rose by seven percent along with trading in the green. Increasingly, we are seeing many big shares participating in the electric and technology sectors, but there is a lot of pressure on the new shares and the rising minister market. The difference is very clear on the stock market and the talk of a reversal in the next consecutive months is clearly visible in the market at the top of the chart with gains of 7% and 8% respectively. Established in 2006, Salasar Techno Engineering Limitaed (STEL) is a leading provider of customized steel infrastructure solutions in India. They offer a wide range of services including engineering, design, fabrication, galvanization and installation. of STEL

Salasar Techno Engineering Limited has received approval for the amalgamation of Hill View Infrabuild Limited, an unlisted public company involved in infrastructure development and acting as an incubator for Salasar Techno's projects, under the Companies Act, 2013. Salasar Techno, a listed company engaged in manufacturing telecom, railway, and transmission towers with diversification into steel bridges and railway electrification, will achieve this amalgamation through a share exchange, issuing 287,430 equity shares and 8,358 preference shares for every 100 equity shares held in Hill View Infrabuild. This related-party transaction, proposed at arm's length, aims to consolidate Group Companies, simplify shareholding, and optimize resource utilization and cost efficiency.

The company issued   bonus shares   in a 4:1 ratio to its shareholders on February 1, 2024 (ex-date). This means that for every share a shareholder held, they received four additional shares. The stock is up by 8 per cent from its 52-week low of Rs 11.61 per share and gave   multibagge r   returns of 975 per cent in 5 years. Investors should keep an eye on this small-cap stock.

Disclaimer: This article is for informational purposes only and not investment advice.