📈 Salasar Techno share price jumped into a 20% upper circuit with a 21x volume spike, putting this under-₹10 counter back on radar as a potential multibagger candidate for high-risk investors tracking turnaround-capex plays in steel structures and EPC niches. Live market data show elevated turnover, tightened circuit bands, and rising participation, underscoring renewed momentum in this salasar techno penny stock amid a volatile small-cap tape.

🚀 Salasar Techno Engineering surged to the 20% upper circuit at ₹9.37 on September 8 after a sharp demand burst; volumes on BSE spiked more than 21 times versus recent averages, a classic signal of accumulation in low-float names near key support zones. As of market hours on September 9, price action extended with high intraday volume, a wider traded range (₹9.22–₹10.98), and a VWAP near ₹10.17, indicating sustained interest beyond a one-day pop.

🔥 The salasar techno share price move was amplified by technical triggers (upper circuit, rising VWAP) and liquidity drivers (bulk participation and high order-flow chatter in the sector), which tend to attract short-term breakout traders in penny names. Coverage citing five-year multibagger history, prior corporate actions, and an active order pipeline has also rekindled narrative momentum around salasar techno multibagger potential despite a weak one-year return base.

🏗️ Salasar Techno Engineering provides customized steel infrastructure solutions across telecom towers, power transmission, rail electrification, solar structures, substations, bridges, and EPC for rural electrification and lines, positioning it to benefit from public infra and energy transition capex. Consolidated FY25 revenue stood at about ₹1,447 crore with ₹19 crore net profit; Q1 FY26 posted ₹300 crore revenue and ₹8.79 crore profit, reflecting scale but thin margins typical of EPC-steel fabrication mixes.

⚖️ On current prints, the stock screens at a TTM P/E near 75 and P/B near 2.6 with 52-week range ₹6.91–₹23.28, suggesting rich multiples vs. sector but supported by growth optionality and asset turns if execution improves. Screener and media trackers flag uneven profit trajectory, low ROE, and promoter-holding shifts in prior quarters, highlighting the core risk in salasar techno penny stock positioning: execution sensitivity and margin volatility.

📅 In March 2024, Salasar emerged as the highest bidder to acquire EMC Limited (under liquidation) for ₹178 crore, a move framed as capacity and order-book augmentation if closed per LOI conditions, echoing successful small-cap turnarounds where bolt-on acquisitions widened product scope and utilization rates over 12–24 months. While the deal timeline and integration outcomes are critical, such actions have historically catalyzed re-ratings when accompanied by order conversions and working-capital discipline—key watchpoints before assigning a durable salasar techno multibagger tag.

💹 Momentum-wise, the 20% salasar techno upper circuit and 21x volume spurt signal a tradable setup fueled by improving breadth and speculative interest under ₹10, a psychological anchor for retail inflows. Fundamentally, revenue growth is visible, but valuations imply the market is already pricing future execution; for long-term compounding, investors typically seek evidence of sustained ROCE expansion, order-to-revenue conversion, and stable net working capital before leaning into the multibagger narrative.

Chart Title: Salasar Techno Price vs Volume (Recent Sessions)

Data source: Public market dashboards and exchange-delayed feeds

Note: Chart illustrates the relationship between daily close and traded volume around the upper-circuit session to show the 21x spike context and follow-through day.

[Chart: Salasar Techno Price-Volume Trend — Upper-Circuit Breakout]

🛡️ Traders may treat the move as a momentum breakout with tight risk management around VWAP and circuit-band pivots, given the liquidity pockets in penny names. Investors assessing salasar techno multibagger potential may wait for proof points: order book-to-billing conversion, margin stability, and balance-sheet prudence post any acquisition-led expansion before sizing positions meaningfully.

📊 The salasar techno share price rally is real, volume-backed, and technically strong, but a durable multibagger case still hinges on execution, returns profile, and working-capital control in the coming quarters. For high-risk profiles, this salasar techno penny stock under ₹10 offers momentum exposure; long-term investors should anchor decisions to improving ROE/ROCE and cash flows rather than narrative alone.