{"id":135127,"date":"2024-10-04T13:18:57","date_gmt":"2024-10-04T07:48:57","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=135127"},"modified":"2024-10-04T13:21:08","modified_gmt":"2024-10-04T07:51:08","slug":"stock-under-30-hits-5-upper-circuit-after-entering-into-agriculture-business","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-under-30-hits-5-upper-circuit-after-entering-into-agriculture-business\/","title":{"rendered":"Stock under \u20b930 hits 5% upper circuit after entering into agriculture business\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1753253976\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>During Friday\u2019s trading session, the shares of a company in the business of large-scale civil constructions hit a 5 percent upper circuit at Rs. 26.3 on BSE, after the company announced venturing into the agricultural industry.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-956395181\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalisation of Rs. 270.8 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SECL\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Salasar Exteriors and Contour Limited<\/a><\/strong> opened in the green at Rs. 26.3, as against its previous closing price of Rs. 25.05.\u00a0<\/p><p><strong>What\u2019s the News:&nbsp;<\/strong><\/p><p>Salasar Exteriors and Contour Limited ventured into the agricultural industry as part of its strategic vision for expansion and diversification.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3751206284\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>According to the latest regulatory filings with the NSE, the company will focus on AgriTech Solutions, Agri Waste Management, and Agri Exports as it enters the agricultural sector.&nbsp;<\/p><p>With AgriTech Solutions, the company aims to enhance agricultural productivity through technology. In addition, its Agri Waste Management initiative will promote sustainable farming practices, while Agri Exports will enable the company to tap into international markets to expand its revenue streams.&nbsp;<\/p><p>These initiatives align with the company&#8217;s long-term strategy to diversify its business portfolio and enhance shareholder value.&nbsp;<\/p><p>Further, the company has cleared all its outstanding debts and is now a zero-debt entity.&nbsp;<\/p><p>Additionally, management expects a highly profitable quarter in the upcoming financial period, driven by these strategic initiatives and enhancements in operational efficiency.&nbsp;<\/p><p><strong>Financials:&nbsp;<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-680929820\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company reported a decrease in the revenue from operations, experiencing a year-on-year decline of nearly 52.4 percent, falling from Rs. 0.63 crores in FY23 to Rs. 0.3 crores in FY24.&nbsp;<\/p><p>Similarly, during the same period, the company&#8217;s net profit decreased from Rs. 0.81 crores to Rs. 0.06 crores, representing a decline of around 90.5 percent YoY.&nbsp;<\/p><p><strong>About the Company:<\/strong><\/p><p>Salasar Exteriors and Contour Limited is mainly engaged in the business of trading in real estate properties by way of acquiring interests in various real estate projects such as flats &amp; land, as well as trading in building materials in Mumbai.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shivani Singh&nbsp;<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-408345522\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>During Friday\u2019s trading session, the shares of a company in the business of large-scale civil constructions hit a 5 percent upper circuit at Rs. 26.3 on BSE, after the company announced venturing into the agricultural industry.&nbsp; With a market capitalisation of Rs. 270.8 crores, the shares of Salasar Exteriors and Contour Limited opened in the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[23119,23120,23118,948,936],"class_list":["post-135127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-salasar-exteriors-latest-news","tag-salasar-exteriors-new-buisness","tag-salasar-exteriors-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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