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

Shyam Telecom reports standalone net loss of Rs 0.92 crore in the June 2021 quarter

Shyam Telecom reports standalone net profit of Rs 0.04 crore in the March 2021 quarter

Shyam Telecom Standalone December 2020 Net Sales At Rs 0.00 Crore, Down 99.68% Y-o-Y

Shyam Telecom reports standalone net loss of Rs 0.11 crore in the December 2020 quarter

Shyam Telecom Ltd, Rossell India Ltd, Gujarat Lease Financing Ltd and CIL Nova Petrochemicals Ltd are among the other losers in the BSE’s ‘B’ group today, 09 February 2021.

Darshan Orna Ltd leads losers in ‘B’ group

CIL Nova Petrochemicals Ltd, DE Nora India Ltd, Premier Explosives Ltd and Dharani Sugars & Chemicals Ltd are among the other losers in the BSE’s ‘B’ group today, 08 February 2021.

Shyam Telecom Ltd leads losers in ‘B’ group

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BRIEF-Shyam Telecom Ltd - Minimum Shares Required For Successful Delisting Not Tendered - Investing.com India

Shyam Telecom reports standalone net profit of Rs 0.23 crore in the September 2020 quarter

The company had posted a loss of Rs 1.35 crore for the quarter ended December 2019, compared to a profit of Rs 57 lakh in the same period a year ago

For operational flexibility, Shyam Telecom seeks approval to delist shares

Rajiv Mehrotra, Chairman & Founder of Shyam Telecom tells CNBC-TV18 that the company doesn't hold any stake in Sistema Shyam Tele. The Russian government yesterday picked 20% in Sistema-Shyam.

Stock Buzz: Shyam Telecom

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

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

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Shyam Telecom Limited is a telecom equipment manufacturer. The Company supplies indoor and outdoor wireless signal enhancement solutions for approximately 100 networks in five continents.

Shyam Telecom Ltd