Shares of Tejas Networks were locked in upper circuit for the second straight day, up 10 per cent at Rs 201, also its 52-week high on the BSE in Thursday's session after the government approved a Rs 12,195 crore production-linked incentive (PLI) scheme for telecom gear manufacturing in India. The stock has gained 20 per cent in the past two trading days, surging 44 per cent thus far in the month of February.
Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas'