Tejas Networks

Metropolis Healthcare, Alembic Pharma and Tejas Networks are the other 3 stocks to witness a 'Death Cross' on the chart in recent days; technically this is a negative development for these stocks.

Tejas Networks said it had an order book of Rs 2,681 crore at the end of Q3FY25, as against Rs 4,845 crore at the end of Q2FY25

The uptick in Tejas Networks' share price came after the company announced a strong set of September quarter of financial year 2025 (Q2FY25) results.

TRF, Automotive Stampings, Orient Hotels and NELCO can surged up to 24% from present levels, suggest technical charts. The trend, however, looks weak for Tejas Networks.

Shares of Tejas Networks hit a record high of Rs 1,413.70, soaring 10 per cent in intraday trade today

Tejas Networks share price: Shares of Tejas Networks hit a new high of Rs 1,084.50 as they rallied nearly 20 per cent on the BSE in Tuesday's intraday trade amid heavy volumes

Tata Group-backed telecom gear-maker Tejas Networks on Tuesday said it has signed an agreement with Telecom Egypt, Information Technology Industry Development Agency and National Telecom Institute to replicate its experience of implementing Bharatnet (Rural Broadband Project) and NKN (National Knowledge Network) projects in Egypt. The agreement aims to accelerate the vision of Digital Egypt, upskill Egyptian engineers and technicians, establish local manufacturing and R&D facilities, and set up technical support services in Egypt, according to a regulatory filing. A Memorandum of Understanding (MoU) to this effect has been signed with Telecom Egypt (TE), ITIDA (Information Technology Industry Development Agency) and NTI (National Telecom Institute). "Other broad areas of cooperation include capacity building of Egyptian engineers and technicians on state-of-the-art telecom and networking technologies, establishing local manufacturing and R&D facilities for Fiber-to-the-Home ...

Other companies that have applied for the BSNL contract include domestic vendors like United Telecoms (UTL), and Tata Group company, Tejas Networks

The stock has rallied nearly 62 per cent so far in 2023 as against a 9 per cent gain on the BSE Sensex.

Stocks to Watch on September 8, 2023: As per a Business Standard report, L&T has secured a multi-billion-dollar contract from Saudi Aramco

Thus far in the calendar year 2023, the stock price of Tejas Networks has zoomed 53 per cent, as compared to 9.4 per cent rise in the S&P BSE Sensex

Tejas Networks, a subsidiary of Tata Group, is a part of the consortium and will supply and service the radio access network equipment

Tejas Networks Ltd, too, is a part of the TCS-led consortium which has bagged APO for 4G deployment

Tata Sons' unit Tejas Network will manufacture the equipment locally for BSNL

Tata Group firm Tejas Networks will invest over Rs 750 crore under design-led Production Linked Incentive (PLI) scheme for manufacturing of telecom and networking products, the company said on Tuesday. Tejas Networks is one of the 42 companies selected for the scheme. "In its application, the company has committed to make a minimum cumulative capital investment of Rs 750 crore over the scheme period," Tejas said in a regulatory filing. On Monday, the Department of Telecom granted approval to 42 companies, including 28 MSMEs, under the scheme for telecom and networking products, entailing total committed investment of Rs 4,115 crore by the firms. Out of them, 17 companies have applied for additional incentive of 1 per cent under the design-led manufacturing criteria.

The scheme is crucial to strengthen the value chain of multiple verticals of 5G equipment. For these, India mainly depends on imports

The official said Tata's recently acquired subsidiaries Tejas Network and Saankhya Labs would also participate in producing necessary equipment as per the deal

Post 5G spectrum auctions, we expect to see a multi-year capex spend cycle for building both wireline and wireless infrastructure

Inks partnership with Tata Motors and Tejas Networks, plans innovation centre with TCS

Stocks to Watch Today: Shares of pharma company - Aurobindo, Sun Pharma and Jubilant are likely to be in focus as the trio have recalled different products in the US market as per the latest USFDA