Penny Stock Under ₹10 Draws Attention After Q4 Results

Penny Stock Under ₹10: Salasar Techno Engineering, a penny stock priced under ₹10, is gaining attention after announcing its financial results for the fourth quarter on May 30, 2025. Though the stock closed flat at ₹8.98 after Friday’s market session, investors are closely watching it due to its strong long-term performance and recent earnings report.

Penny Stock Under ₹10:

Despite challenges, the company reported a 27% year-on-year (YoY) rise in standalone net profits, reaching ₹19.31 crore for the January–March quarter. Last year during the same period, it earned ₹15.21 crore. This improvement in profits comes mainly from its core businesses — steel structures and EPC projects, which together boosted overall revenue.

Mixed Financial Performance

However, on a consolidated level, the company posted a net loss of ₹5.23 crore during the quarter, compared to a profit of ₹16.97 crore in the same period last year. This was mainly because of changes in accounting and one-time adjustments. Still, the company reported a 32% rise in revenue, reaching ₹483 crore, up from ₹367 crore YoY.

Another positive sign is the ₹27.95 crore income recorded under “other comprehensive income,” which slightly balanced the losses in consolidated results.

Stock Performance Over Time

Salasar Techno shares have seen a massive 750% gain over the past five years, turning heads among investors. However, in the last one year, the stock fell by over 55%. Year-to-date (YTD), it is down 32.28%, though it has seen a minor recovery of 4.77% in the last month.

The stock hit a 52-week high of ₹23.27 in September 2024 and a 52-week low of ₹7.55 in May 2025. The company’s market capitalization stands at ₹1,550.64 crore as of the May 30 market close.

Despite recent ups and downs, Salasar Techno Engineering remains a stock to watch, especially for those interested in low-cost, high-growth opportunities. Investors are advised to evaluate their risk appetite and consult financial experts before investing.

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