BSE smallcap telecom stock extends gain for third consecutive session, gains 10% today

Shares of Salasar Techno Engineering Limited (STEL), a steel structural manufacturer and EPC (engineering, procurement and construction) infrastructure company, catering to telecom, energy and railways sectors, continued an upward trend for the third consecutive session on Thursday, October 16, 2025. Today's rally comes as equity benchmark indices Sensex and Nifty surged in early trade, tracking a rally in global markets amid US Fed rate cut hopes. The stock opened in green at Rs 9.19 on the BSE against the previous close of Rs 9.13. Amid a spurt in trading volume by more than 2.07 times, the scrip touched an intraday high of Rs 10.07. This represents a gain of 10.29 per cent from the previous close. Last seen, the scrip was trading at Rs 9.86 and the market cap of the company stood at Rs 1,696.42 crore. 

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