Tuesday, February 25, 2025 | 12:33 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Tejas Networks gains 10% on government nod to PLI scheme for telecom sector

The PLI scheme for telecom gear will lead to an incremental production of around Rs 2.4 trillion, with exports of around Rs 2 trillion in the next five years

PLI, Product-linked scheme, electronics, manufactuing, jobs, companies, research, mobile, smartphone, employment, tech
Premium

SI Reporter Mumbai
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'

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in