Salasar Techno Engineering Share Price Fell 2.29% After Securing ₹695.18 Crore RVNL Orders

New Delhi, November 27, 2025: Salasar Techno Engineering Limited reported two major project wins from Rail Vikas Nigam Limited (RVNL) worth ₹695.18 crore. Despite the positive order inflow, the share price of Salasar Techno Engineering Limited declined 2.29% on Wednesday, reflecting market volatility. At 13:55 IST, shares were trading at ₹9.83, down from the previous close of ₹10.04. The stock opened at ₹10.55 and has fluctuated between ₹10.79 and ₹9.69 during the session.

Established in 2001, Salasar Techno Engineering is an industrial engineering firm known for its expertise in steel fabrication, EPC (engineering procurement and construction) services, and the establishment of infrastructure within the areas of power transmission, telecommunication, and industrials. Salasar Techno Engineering has several production facilities located in the Hapur area in the Indian state of Uttar Pradesh.

RVNL Awards ₹695.18 Crore Projects To Salasar

According to a company filing on 26 November, Salasar Techno Engineering has secured two significant orders under the RDSS Scheme. The first contract, a Service Support & Procurement Management assignment, is valued at ₹524.99 crore and involves procuring electrical and mechanical items to enhance the distribution network across Mandi, Bilaspur, Kullu, and Hamirpur. The second, an Erection Work Contract worth ₹170.19 crore, focuses on executing distribution infrastructure works in the same regions.

Combined, the projects total ₹695.18 crore and are expected to be completed over 20 months. The company confirmed that these contracts are entirely domestic and do not involve any related-party transactions.

Why Shares Are Higher Today

Salasar received a significant order worth ₹695 crore. As a result, the revenue visibility and future growth prospects for Salasar have improved. The positive order addition created better investor sentiment, leading to increased confidence in the market and causing an increase in the stock price.

REF: https://nsearchives.nseindia.com/corporate/SALASAR_26112025215045_Intimation_RVNL_Order.pdf

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