Salasar Techno Engineering Share Price in Focus; Secures ₹695.18 Crore Contract From RVNL

Salasar Techno Engineering Limited has announced new project wins from Rail Vikas Nigam Limited amounting to roughly ₹695.18 crore, covering procurement management and infrastructure works in multiple Himachal Pradesh regions. 

Contract Scope and Project Details 

The company disclosed that RVNL has awarded 2 separate work orders linked to the development of distribution infrastructure aimed at loss reduction. The 1st order, valued at about ₹524.99 crore including GST, relates to service support and procurement management for electrical and mechanical materials.  

The 2nd order, worth approximately ₹170.19 crore including GST, covers erection work for the same project areas. These contracts span the Mandi, Bilaspur, Kullu and Hamirpur zones under the Central Region of HPSEBL. The overall execution period for both packages is set at 20 months. 

Company Update and Financial Scale 

With this award, Salasar Techno Engineering has expanded its project portfolio with one of its sizable domestic contracts of the year. The combined order value totals nearly ₹695.18 crore, adding to the company’s ongoing infrastructure engagements.  

The work involves no related party transactions, and the company confirmed that neither its promoters nor its group entities hold any interest in the awarding organisation. 

Read More: Patel Engineering Share Price Gains 5% as Investors Cheer ₹500 Crore Rights Issue Plan! 

Salasar Techno Engineering Share Price Performance  

As of November 27, 2025, at 11:45 AM, Salasar Techno Engineering Limited share price is trading at ₹10.09 per share, reflecting a gain of 0.50% from the previous closing price. Over the past month, the stock has gained by 6.89%. 

Conclusion 

The dual contracts from RVNL strengthen Salasar Techno Engineering’s position in the national infrastructure space and add significant scale to its current workload, with delivery planned within a 20-month window. 

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