…here’s the thing. Sometimes, the promoters may not even know that somebody is hatching such a devious scheme behind their backs. Many companies hand over their PR mandates to an agency. And the agencies can get a bit ahead of themselves. They may be inclined to show their commitment to the cause, and push the stock price higher. What better way to get that retention money no?
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And look, it’s not to say that every PR agency does this. Some are really good at their jobs and they do it with diligence. But a few others can get a bit too excited and commit the most fatuous blunders — like asking people to hype up a stock. Through it all, they may be doing a massive disservice to the promoters.
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The point is — It’s hard to say what really happened with Salasar. It’s possible that the promoters pushed the story. Or it’s possible that the digital marketing agency pushed the agenda on its own accord. Or it’s even possible that it’s the handiwork of a stray employee.
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We don’t know. What we do know however is that those Twitter influencers need to hang their head in shame. They knew perfectly well the implications of talking up a stock, after being paid to do so. And yet they did it.
@gurjeev thanks for sharing this video. The irregularity highlighted in the balance sheet is simply a daylight robbery by promotors. Usually FII buy stake in any company after having enough due deligence. Just wondering if they were aware of all those point highlighted by you in the video. any thoughts?
Salasar Techno:
Company announced the successful installation and commissioning of its new Zinc Galvanization Plant (GI Plant). This state-of-the- art facility has an annual capacity of 96,000 Metric Tons and has commenced operations at its Unit - III, located in Distt - Hapur, Uttar Pradesh with effect from 25th September, 2023. The plant is equipped with the latest and most advanced galvanization technology to ensure the highest quality of products.
The technical Chart is forming Excellent Cup & Handle. There is upside potential to the tune of 48%
No Recommendations, pl do your own analysis before buying or selling.
Order win “Construction of 132 KV &
220 KV Transmission Lines and associated Feeder Bays on total Turnkey basis in Eastern MP”
OB
Hi Mehul
No idea about any big shots. / big investors. I am just a retailer individual. What i was able to find is discussed in that video.
Nothing more to add