India's Steelman Telecom up on order win from Bharti Airtel

Steelman Telecom

18/12/2023 09:44

** Shares of Steelman Telecom  STEM.BO  up 2% after co says it
received work order from Bharti Airtel  BRTI.NS 
    ** Order valued at 297 mln rupees ($3.6 mln); co to
undertake network maintenance for Airtel
    ** Stock trading above 200-day moving average since Oct. 11
    ** Over 184,000 shares traded, highest since mid-September
    ** Stock up 3.5% YTD

($1 = 82.9728 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))