{"id":115755,"date":"2023-12-18T16:47:52","date_gmt":"2023-12-18T11:17:52","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115755"},"modified":"2023-12-18T16:47:57","modified_gmt":"2023-12-18T11:17:57","slug":"telecom-stock-jumps-6-5-after-it-received-an-order-from-bharti-airtel-for-network-maintenance","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/telecom-stock-jumps-6-5-after-it-received-an-order-from-bharti-airtel-for-network-maintenance\/","title":{"rendered":"Telecom stock jumps 6.5% after it received an order from Bharti Airtel for Network Maintenance"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1094217855\"><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>The shares of this micro-cap stock surged 6.5 percent to Rs 187 per share after the company received an order from Bharti Airtel for network maintenance.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3943464696\"><!-- 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>At 2:40 p.m., <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/543622\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Steelman Telecom Ltd<\/a><\/strong> shares were trading at Rs 180.60 per share, up 2.94 percent from the previous close price on the exchange. The company has a market capitalization of Rs 176 crore.\u00a0<\/p><p>According to the company\u2019s exchange filing, Steelman Telecom Ltd received work orders worth Rs.29 crores 70 lakhs from Bharti Airtel Services Limited for Network Maintenance of Bharti Airtel.&nbsp;<\/p><p>The company\u2019s revenue has increased 31 percent yearly, from Rs 100 crore in Q2FY23 to Rs 131 crore in Q2FY24. During the same timeframe, Net profit has increased by 66 percent from Rs 3 crore to Rs 5 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1473269063\"><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>Steelman Telecom Ltd shares have gained 4 percent in the last month and 35 percent in six months.\u00a0Some of the company\u2019s notable clients include Paytm, BSNL, VI, Indus Tower, and Samsung.\u00a0<\/p><p>In FY 22-23, the company partnered with Leading CPO\u2019s and OEMs in the EV Charging Space. In addition, the company registered its first overseas subsidiary Company with the name Steelman Installation Services PLC.&nbsp;<\/p><p>Steelman Telecom Ltd deals in the installation, Commissioning, and integration of Telecom equipment. It provides services for Network Survey Planning and installation.\u00a0<\/p><p>In the recent year, the company\u2019s net profit margin stands at 4.23 percent and operating margin at 6.50 percent. Further, the return on capital is employed at 19.79 percent and the return on equity stands at 13.98 percent.&nbsp;<\/p><p>As per recent shareholding, the company promoter holds a 71.98 percent stake, while foreign institutional investors hold 2.32 percent and retail investors hold a 25.71 percent stake in the company.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><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-content-10\" id=\"trade-3624371928\"><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><div class=\"trade-after-content\" id=\"trade-2604395746\"><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>The shares of this micro-cap stock surged 6.5 percent to Rs 187 per share after the company received an order from Bharti Airtel for network maintenance.&nbsp; At 2:40 p.m., Steelman Telecom Ltd shares were trading at Rs 180.60 per share, up 2.94 percent from the previous close price on the exchange. The company has a [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":19494,"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":[14603,14604,14602,15228,6518,6519],"class_list":["post-115755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-bharati-airtel-latest-news","tag-bharati-airtel-partnership-with-nokia","tag-bharati-airtel-share-price","tag-steelman-telecom","tag-telecom-stock","tag-telecom-stock-to-buy-now"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Telecom stock jumps 6.5% after it received an order from Bharti Airtel for Network Maintenance - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this micro-cap stock surged 6.5 percent to Rs 187 per share after the company received an order from Bharti Airtel for network maintenance.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/telecom-stock-jumps-6-5-after-it-received-an-order-from-bharti-airtel-for-network-maintenance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telecom stock jumps 6.5% after it received an order from Bharti Airtel for Network Maintenance\" \/>\n<meta property=\"og:description\" content=\"The shares of this micro-cap stock surged 6.5 percent to Rs 187 per share after the company received an order from Bharti Airtel for network maintenance.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/telecom-stock-jumps-6-5-after-it-received-an-order-from-bharti-airtel-for-network-maintenance\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-18T11:17:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-18T11:17:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Airtel-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Airtel-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/telecom-stock-jumps-6-5-after-it-received-an-order-from-bharti-airtel-for-network-maintenance\/\",\"url\":\"https:\/\/tradebrains.in\/features\/telecom-stock-jumps-6-5-after-it-received-an-order-from-bharti-airtel-for-network-maintenance\/\",\"name\":\"Telecom stock jumps 6.5% after it received an order from Bharti Airtel for Network Maintenance - 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