New Delhi, Oct. 16 -- Salasar Techno Engineering share price jumped over 10% on Wednesday, extending rally for the third consecutive session, amid strong buying momentum. The penny stock surged as much as 10.3% to Rs.10.07 apiece on the BSE. Salasar Techno shares have gained more than 16% in three sessions.

The rally in the smallcap stock Salasar Techno Engineering shares was supported by heavy volumes. Around 2 crore equity shares of Salasar Techno Engineering changed hands on stock exchanges on October 16, as compared to its one week average trading volumes of 76 lakh shares, and one month average trading volumes of 1 crore shares.

Salasar Techno Engineering recently announced the allotment of 2.11 crore equity shares to two of its pr...