The Union Budget 2024-25 increased customs duty on specified telecom equipment to 15%, causing significant stock declines and a 497.22-point drop in Sensex. HFCL, Vodafone Idea, and others dipped, while Kavveri Telecom, Shyam Telecom, and Indus Towers gained. Critical minerals were exempt to help strategic sectors.

Telecom infra stocks plunge as govt hikes import duty by 5 pc on telecom gear

Board of Kavveri Telecom Products appoints director

Kavveri Telecom Products wins order of Rs 10.9 cr

Kavveri Telecom Consolidated March 2023 Net Sales at Rs 0.16 crore, down 94.81% Y-o-Y

Sastasundar Ventures Ltd, Transwarranty Finance Ltd, Kavveri Telecom Products Ltd and S E Power Ltd are among the other gainers in the BSE’s ‘B’ group today, 02 March 2023.

Rane Engine Valve Ltd leads gainers in ‘B’ group

Kavveri Telecom Products reports consolidated net loss of Rs 0.29 crore in the December 2022 quarter

Kavveri Telecom Standalone March 2022 Net Sales at Rs 0.81 crore, up 297.53% Y-o-Y

Kavveri Telecom Products reports consolidated net loss of Rs 5.21 crore in the September 2021 quarter

Ashish Nanda held 8.3 percent stake in the company as of June 2021. The stock gained 4.76 percent to close at Rs 12.10.

Bulk Deals | Promoter Sells 2.68% Stake In Ahluwalia Contracts, Ashish Nanda Offloads 1% Stake In Kavveri Telecom

Kavveri Telecom Products reports consolidated net loss of Rs 4.15 crore in the June 2021 quarter

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Kavveri Telecom Products Limited is engaged in manufacturing of wireless sub-systems.