News for Suyog Telematics Limited (SUYOG.BO)

May 21, 2025 / 05:30AM GMTOperator Ladies and gentlemen, I welcome you all to the Q4 and FY25 post earnings conference call of Suyog Telematics Limited. Today o

The Nifty Pharma index closed 1.92 per cent down at 21249.5.

In the Nifty pack, 4 stocks closed in the green, while 46 stocks ended in the red.

Eicher Motors, Apollo Hospital, Shriram Finance, Coal India Ltd and BEL were among the top losers on NSE in today's trade.

Suyog Telematics acquires Lotus Tele Infra for ₹13.5 crore, expanding telecom sites in Delhi-NCR region. Company plans fundraising for growth.

BSNL: But they are up against two of the world’s largest tower companies – Indus Towers and Brookfield-backed Data Infrastructure Trust. In addition, they face challenges around erecting new towers in densely populated metros, right of way (RoW) issues and high associated costs, industry insiders said.

New companies are entering India's telecom tower market, challenging giants like Indus Towers and Data Infrastructure Trust. These startups offer competitive pricing and innovative solutions, attracting investments and partnerships with major telecom operators like Vi and BSNL. Despite facing hurdles like right-of-way issues, they aim to capitalize on the growing demand for 5G and network densification, particularly in underserved areas.

Tech Mahindra, UltraTech Cem., Tata Steel, Power Grid and HDFC Bank were among the top losers on NSE in today's trade.

The Nifty Realty index closed 1.31 per cent down at 1038.55.

The Nifty Bank index closed 0.23 per cent down at 50685.55.

Rane Brake Lining, Nelco Ltd, Rane Eng Valve, Rane(Madras)and Lyka Labs, hit their fresh 52-week highs during the day.

Smallcap World Fund sold Rs 104.06 crore stake in Indigo Paints.