Why did STML.BO fall pre‑market on 03 Jan 2026?

STML.BO fell 9.42% pre‑market to INR 94.20 on 03 Jan 2026 due to weak momentum, heavier volume (7,200 shares vs avg 4,731) and technical pressure near the lower Bollinger band; fundamentals like negative EPS and high debt likely amplified selling.

What are the key financial risks for Steelman Telecom?

Key risks include negative trailing EPS (‑0.83), high debt‑to‑equity at 2.44, tight liquidity (current ratio 1.03) and a cash conversion cycle of about 42 days that could strain cash flows if receivables or capex needs rise.

What price targets does Meyka AI publish for STML.BO?

Meyka AI's model projects a monthly target of INR 83.85 (implied downside ~‑11.00%) and a 12‑month target of INR 130.46 (implied upside ~+38.50%) versus the current INR 94.20; forecasts are projections, not guarantees.

Should investors buy STML.BO after the pre‑market drop?

Investors should weigh the Meyka Grade C (58/100) and HOLD view against their risk tolerance; STML.BO shows valuation support but high leverage and negative earnings, so evidence of order wins or cash‑flow improvement should guide new purchases.

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STML.BO Steelman Telecom down 9.42% pre-market 03 Jan 2026: what analysts watch next

ByDanny Kontos January 3, 2026January 3, 2026

We start with the key fact: STML.BO (Steelman Telecom Limited) is down 9.42% pre-market on 03 Jan 2026 after opening at INR 96.35 and trading near INR 94.20. The move follows weak near-term momentum versus the 50‑day average of INR 105.67 and 200‑day average of INR 131.99. Trading volume is elevated at 7,200 shares versus an average of 4,731, signalling higher participation in the sell-off. Below we break down fundamentals, technicals, a Meyka grade, price forecasts and risk factors for investors tracking this BSE-listed telecom equipment name.