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Tejas Networks Ltd (TEJASNET)

₹1356.81.32%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Tejas Networks Ltd. An average target of ₹1100

Source: S&P Global Market Intelligence

Tejas Networks Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,350
    ₹1,388.65
  • 52 Week's Low

    52 Week's High

    ₹651.25
    ₹1,495
1 Month Return+ 0.36 %
3 Month Return+ 75.38 %
1 Year Return+ 85.45 %
Previous Close₹1,375.00
Open₹1,380.80
Volume2.37L
Upper Circuit-
Lower Circuit-
Market Cap₹23,511.94Cr

Key Statistics

P/E Ratio374.66
PEG Ratio62.24
Market Cap₹23,511.94 Cr
P/B Ratio3.56
EPS-24.83

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan1.44%
Edelweiss Small Cap Fund Direct GrowthEdelweiss Small Cap Fund Direct Growth1.37%
Nippon India Innovation Fund Direct GrowthNippon India Innovation Fund Direct Growth2.79%
Edelweiss Multi Cap Fund Direct GrowthEdelweiss Multi Cap Fund Direct Growth0.96%
Bank of India Small Cap Fund Direct GrowthBank of India Small Cap Fund Direct Growth1.35%

Company Information

Tejas Networks Ltd is an Indian telecommunications equipment manufacturer founded in 2000. It is headquartered in Bangalore, India, and is a publicly traded company on the Bombay Stock Exchange.

Tejas Networks provides a comprehensive suite of products and solutions for optical networking, packet transport and access networks. Their product lines include optical transport, packet optical transport, access, and broadband access. Tejas Networks also provides network integration and optimization services.

Share Price: ₹1356.80 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹23,511.94Cr as of today
Revenue: ₹1,170.52Cr as on March 2024 (Q1 24)
Net Profit: ₹146.78Cr as on March 2024 (Q1 24)
Listing date: 27 Jun, 2017
Chairperson Name: N G Subramaniam
OrganisationTejas Networks Ltd
HeadquartersBengaluru
IndustryTelecomm Equipment & Infra Services
E-voting on sharesClick here to vote

Key events for Tejas Networks Ltd

  • Voice of Indian Communication Technology Enterprises to Support DoT's 5G Initiative for Smart Villages - 10 Jul, 2024

    Tejas Networks is among the domestic telecom companies represented by Voice, which has pledged support for the DoT's initiative to enable smart villages using 5G technology.

  • Voice of Indian Communication Technology Enterprises Criticizes One-Time Exemption for Telecom Gear Imports - 18 Jun, 2024

    The Voice of Indian Communication Technology Enterprises, which represents domestic telecom companies including Tejas Networks, has criticized the National Cyber Security Coordinator's one-time exemption to import telecom gear in imminent scenarios. The group claims that this is a manipulation of the preference to make in India policy and will fuel imports.

  • Tejas Networks Stock Hits 52-Week High - 11 Jun, 2024

    Tejas Networks Ltd's stock price hit a fresh 52-week high of ₹1,414, gaining almost 9.95%, and has surged by 70% in the last six months.

Insights on Tejas Networks Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, TEJASNET has outperformed top 5 stocks with highest market-cap in Communications & Networking

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.92% to 4.27% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -44.87 Cr → 146.78 Cr (in ₹), with an average increase of 130.6% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 11.26% to 11.34% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 207.37 Cr → 1.33K Cr (in ₹), with an average increase of 45.0% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, TEJASNET stock has moved up by 75.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HFCL Ltd has given 87.4% return, outperforming this stock by 1.9%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 55.80% to 55.60% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 28.59% to 28.31% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,170.52Cr
↑109.04%
Net Income
₹146.78Cr
↓427.12%
Net Profit Margin
12.54%
↓256.55%
2024Y/Y Change
Revenue
₹2,470.92Cr
↑168.13%
Net Income
₹62.98Cr
↓272.97%
Net Profit Margin
2.55%
↓164.56%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹8,106.10Cr
↑133.57%
Total Liabilities
₹4,903.79Cr
↑958.65%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹2,088.06Cr
↑465.39%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.6%
0.00
Foreign Institutions
11.34%
0.00
Mutual Funds
4.27%
0.00
Retail Investors
28.31%
0.00
Others
0.49%
0.00

Key Indicators

Tejas Networks Ltd Valuation

Tejas Networks Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-322.64x)

June 21, 2023

Industry (160.07x)

July 10, 2024

Today (374.66x)

July 10, 2024

Highest (395.71x)

July 3, 2024

LowHigh

Earnings and Dividends

  • Tejas Networks Ltd Earnings Results

    Tejas Networks Ltd’s net profit jumped 1379.69% since last year same period to ₹146.78Cr in the Q4 2023-2024. On a quarterly growth basis, Tejas Networks Ltd has generated 427.12% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Tejas Networks Ltd Dividends April,2019

    In the quarter ending March 2019, Tejas Networks Ltd has declared dividend of ₹1 - translating a dividend yield of 0.07%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Tejas Networks Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Tejas Networks Ltd (TEJASNET) share price today is ₹1356.8

Tejas Networks Ltd is listed on NSE

Tejas Networks Ltd is listed on BSE

  • Today’s highest price of Tejas Networks Ltd is ₹1388.65.
  • Today’s lowest price of Tejas Networks Ltd is ₹1350.

PE Ratio of Tejas Networks Ltd is 374.66

PE ratio = Tejas Networks Ltd Market price per share / Tejas Networks Ltd Earnings per share

Today’s traded volume of Tejas Networks Ltd(TEJASNET) is 2.37L.

Today’s market capitalisation of Tejas Networks Ltd(TEJASNET) is ₹23511.94Cr.

Tejas Networks Ltd(TEJASNETPrice
52 Week High
₹1495
52 Week Low
₹651.25

Tejas Networks Ltd(TEJASNET) share price is ₹1356.8. It is down -9.24% from its 52 Week High price of ₹1495

Tejas Networks Ltd(TEJASNET) share price is ₹1356.8. It is up 108.34% from its 52 Week Low price of ₹651.25

Tejas Networks Ltd(TEJASNETReturns
1 Day Returns
-18.2%
1 Month Returns
0.36%
3 Month Returns
75.38%
1 Year Returns
85.45%