Down 17.56% pre-market: STML.BO stock at INR 82.85 signals valuation risk
STML.BO stock plunged 17.56% in pre-market trading to INR 82.85 on 24 Jan 2026, making it a top loser on the BSE in India. The drop follows a gap from yesterday’s close of INR 100.50 on thin volume of 4,800.00 shares versus an average of 5,458.00. Traders cite weak fundamentals, a negative EPS and heavy leverage as immediate catalysts. We examine price action, fundamentals, technicals and Meyka AI’s forecast to frame risk and short-term outlook for investors.
STML.BO stock price action and drivers
Pre-market weakness pushed Steelman Telecom Limited (STML.BO) to INR 82.85, down INR 17.65 or 17.56% from the prior close. Volume was 4,800.00, below the 50-day average, indicating a low-liquidity sell-off. The stock opened at INR 86.00 and traded within a day range INR 82.85–86.00, while the 52-week high remains INR 180.00.
STML.BO stock fundamentals snapshot
Steelman Telecom reports EPS -0.83 and a negative PE of -112.05, reflecting losses. Key ratios show PB 2.58, debt-to-equity 2.44, and current ratio 1.03, signalling elevated leverage. Revenue per share of 238.67 contrasts with free cash flow per share of -39.78, pointing to cash strain despite tangible book value 36.35 per share.
STML.BO stock technicals and support levels
Technicals are weak but not yet capitulation: RSI 46.41, MACD histogram -0.36, and ATR 6.36. Price sits below the 50-day average INR 102.73 and 200-day INR 129.70. Short-term support is near the model monthly forecast of INR 83.85, with resistance at the Bollinger middle band INR 97.85 and previous close INR 100.50.
Meyka AI grade, forecast and price targets for STML.BO stock
Meyka AI rates STML.BO with a score of 58.45 out of 100 (Grade C+, Suggestion: HOLD). This grade factors in S&P 500 and sector comparisons, financial growth, metrics and analyst signals. Meyka AI’s forecast model projects monthly INR 83.85, quarterly INR 78.81, and yearly INR 130.46. Versus the current price INR 82.85, the quarterly view implies downside 4.93%, while the yearly model implies upside 57.46%. Forecasts are model-based projections and not guarantees.
Valuation versus sector and market context
Steelman sits in Communication Services on the BSE where average PE is about 29.01 and PB near 4.68. STML.BO’s negative earnings and high net debt make relative metrics harder to interpret. Price-to-sales 0.39 and EV/sales 0.75 suggest a value angle, but enterprise value over EBITDA is 35.01, flagging profitability weakness compared with peers.
Risks, catalysts and trader strategy for STML.BO stock
Key risks include continued negative EPS, high debt-to-equity 2.44, and thin liquidity that can amplify moves. Catalysts that could stabilise the stock include new telecom equipment contracts, margin recovery, or debt refinancing. Traders may prefer short-term setups around INR 78.81–83.85 with tight risk controls, while longer-term investors should wait for cash-flow improvement.
Final Thoughts
STML.BO stock is a notable pre-market loser on 24 Jan 2026 after a 17.56% drop to INR 82.85, driven by negative earnings and elevated leverage. Meyka AI’s outlook is mixed: the model projects monthly INR 83.85 and yearly INR 130.46, implying near-term downside of 4.93% to the quarterly figure and longer-term upside of 57.46% to the yearly view. Our analysis stresses that the firm carries debt-to-equity 2.44, EPS -0.83, and free cash flow pressure, which justify C+ grade and a cautious stance. For traders, short trades on confirmed breakdowns or limit buys near INR 78.81 can fit risk-managed strategies. For investors, wait for sustained cash-flow improvement or meaningful deleveraging. Meyka AI provides this as AI-powered market analysis; grades and forecasts are model-driven and not investment guarantees.
FAQs
Why did STML.BO stock drop pre-market today?
STML.BO stock fell on 24 Jan 2026 due to weak fundamentals, a negative EPS (-0.83), high debt-to-equity (2.44), and thin trading volume. Market reaction amplified the move on limited liquidity.
What are key support and resistance levels for STML.BO stock?
Near-term support aligns with Meyka AI’s quarterly forecast INR 78.81 and monthly INR 83.85. Resistance sits around the Bollinger middle band INR 97.85 and the previous close INR 100.50.
How does Meyka AI rate STML.BO stock and what does it mean?
Meyka AI rates STML.BO 58.45/100 (C+, HOLD). The grade reflects benchmark and sector comparisons, financial growth, metrics and forecasts. It is informational and not financial advice.
Is there upside in STML.BO stock based on forecasts?
Meyka AI’s yearly forecast INR 130.46 implies a theoretical upside of 57.46% from INR 82.85, but this is model-based and depends on earnings recovery and debt reduction.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
