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Stock of this smallcap industrial products company has zoomed 68% in 4 days

At 02:37 PM; STEL was quoting 13 per cent higher at Rs 107.08, as compared to 1.4 per cent decline in the S&P BSE Sensex

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Illustration: Binay Sinha

Deepak Korgaonkar Mumbai

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Shares of Salasar Techno Engineering Limited (STEL) surged 18 per cent to hit a record high of Rs 112.23 on the BSE in Tuesday’s intra-day trade amid heavy volumes.

In the past four trading days, the stock of the smallcap industrial products company has zoomed 68 per cent from a level of Rs 66.79 on Thursday, January 17.

In the past six weeks, the market price of STEL has more than doubled or skyrocketed 126 per cent.

At 02:37 PM, STEL was quoting 13 per cent higher at Rs 107.08 as compared to a 1.4 per cent decline in