Salzer Electronics

March 4 (Reuters) - Salzer Electronics Ltd SALZ.NS:

• SIGNS MEMORANDUM OF UNDERSTANDING WITH WIREPAS FOR SMART METERING

Source text: ID:nNSE9RPH4z

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** India's Salzer Electronics SALZ.NS falls ~10% to 975.20 rupees after Q4 results

** Co's Q4 consolidated profit after tax falls nearly 18% on higher costs

** Stock set for worst day in 15 weeks

** Co says core profit was impacted by higher expenses in their new smart meter business

** Adds, its sees margins reverting to normal range as its smart meter business sees revenue traction in coming quarters

** With session's decline, SALZ trims 12-month gain to 35.2%

(Reporting by Ananta Agarwal in Bengaluru)

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March 17 (Reuters) - Salzer Electronics Ltd SALZ.NS:

• RECEIVES 500 MILLION RUPEES ORDER FOR SMART METERS

Source text: ID:nBSElcJKg

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** Shares of Salzer Electronics SALZ.NS jump as much as 14.3% to 1,166.50 rupees

** The electrical component manufacturer reports nearly three-fold Y/Y jump in Q2 consol net profit; rev from ops rose 22.6% Y/Y

** More than 319,000 shares change hands, 2.9x the 30-day avg

** Stock up 161.1% YTD, on track for best yearly gain since listing in Dec 2015

(Reporting by Ashish Chandra in Bengaluru)

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Aug 6 (Reuters) - Salzer Electronics Ltd SALZ.NS:

• JUNE-QUARTER PAT 132.5 MILLION RUPEES

• JUNE-QUARTER REVENUE FROM OPERATIONS 3.47 BILLION RUPEES

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** Shares of Salzer Electronics SALZ.NS rise as much as 7.1% to a record high of 612.7 rupees

** The electrical component manufacturer says it will establish smart meter manufacturing business in Coimbatore, in India's southern state of Tamil Nadu

** The smart meter manufacturing plant to have annual production capacity of 4 mln smart meters; to be hiked further to 10 mln

** Stock hits record high at least seven times in February and 12 times this year

** Stock has been above its 200-day simple moving avg since May 2023, indicating bullish sentiment

** Trading vol is 4.3x the 30-day daily avg, tops 800,00 for the first time since Aug 17, 2023

** Stock rose 64.8% in 2023, gaining most in a year since its listing in 2015

(Reporting by Anuran Sadhu in Bengaluru)

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** Shares of Salzer Electronics SALZ.NS up 5.2%, its highest gain since Oct. 16

** Electrical installation products maker said it received patent for heavy-duty energy efficient Automatic Source Changeover - a system to manage generator power distribution

** Stock above 50-, 100-, and 200- day moving avgs on Tuesday

** Stock up ~56% YTD

(Reporting by Aleef Jahan)

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Aug 7 (Reuters) - Salzer Electronics Ltd SALZ.NS:

• INDIA'S SALZER ELECTRONICS JUNE-QUARTER CONSOL NET PROFIT 99.4 MILLION RUPEES VERSUS PROFIT 81.1 MILLION RUPEES

• SALZER ELECTRONICS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.89 BILLION RUPEES VERSUS 2.38 BILLION RUPEES

Source text for Eikon: ID:nNSE1rR42V

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** Shares of wires and cables maker Salzer Electronics Ltd SALZ.NS rise as much as 4.8% to 299 rupees

** Salzer says its March-qtr consolidated profit after tax more than doubled while rev from ops rose 26.7% Y/Y to 3.03 bln rupees ($37.05 mln)

** Co also declared dividend of 2.2 rupees per share

** If trend holds, stock set for a second consecutive session of gains

** About 190,016 shares change hands, vs 30-day avg of 248,088 shares - Refinitiv Data

** Stock up 16.4% YTD as of last close

($1 = 81.7800 Indian rupees)

(Reporting by Priya Sagar in Bengaluru)

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May 24 (Reuters) - Salzer Electronics Ltd SALZ.NS:

• MARCH-QUARTER CONSOL PAT 98.5 MILLION RUPEES VERSUS 45.7 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.03 BILLION RUPEES VERSUS 2.39 BILLION RUPEES

• DIVIDEND 2.20 RUPEES PER SHARE

Source text for Eikon: [ID:]

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