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Price Movement Clarification

Salem Erode Investments Price Movement Clarification

Salem Erode Investments Ltd clarified that recent share price movement may be linked to its Board's approval of a ₹22.93 Crore rights issue on March 24, 2026. The company confirmed compliance with insider trading regulations and stated no other undisclosed material information exists.

Key figures
Value₹22.93 Cr
Source

BSE filing, BSE: 540181. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Salem Erode Investments Ltd: key numbers

Share price
₹17.95
Market cap
₹41.16 Cr
Revenue (annual)
₹3.51 Cr
Net profit (annual)
₹-4.85 Cr
P/E (TTM)
-8.0×Sector 19.8×
Promoter holding
51.45%-23.55% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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