Tejas Networks Ltd (TEJASNET)
₹1045.4
Tejas Networks Ltd share Performance
- ₹1031₹1083.9₹1045.4
1.38%
Low
Day's Volatility:5.06%
High
3.68%
- ₹618₹1135₹1045.4
40.88%
Low
52 Weeks Volatility:49.45%
High
8.57%
| Returns % | |
| 1 Month Return | 58.86 % |
| 3 Month Return | 38.63 % |
| 1 Year Return | 69.6 % |
| Market Stats | |
| Previous Close | ₹1,069.10 |
| Open | ₹1,058.30 |
| Volume | 12.97L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹18,250.40Cr |
Analyst Rating
based on 1 analysts
Based on 1 analysts offering long term price targets for Tejas Networks Ltd. An average target of ₹975
Source: S&P Global Market Intelligence
Company Information
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: ₹1045.40 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹18,250.40Cr 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
| Organisation | Tejas Networks Ltd |
| Headquarters | Bengaluru |
| Industry | Telecomm Equipment & Infra Services |
| E-voting on shares | Click here to vote |
Key events for Tejas Networks Ltd
Tejas Networks Q4 Results Show Significant Growth - 25 Apr, 2024
Tejas Networks reports significant growth in Q4 with a 343.3% increase in topline and profit of ₹146.78cr. The company's EPS increased by 798.67% YoY, and it has delivered a 41.93% return in the last 1 week.
Tejas Networks Partners with TCS for BSNL Project - 24 Apr, 2024
Tejas Networks is partnering with TCS, ITI Ltd, and C-DOT to establish 100,000 4G sites for BSNL. Tejas Networks also sees significant opportunities in the telecom industry.
Tejas Networks Reports First Quarterly Profit After Five Quarters of Losses - 23 Apr, 2024
Tejas Networks Ltd., backed by Tata Group, reported its first quarterly profit after five consecutive quarters of losses. The company's Q4FY24 net profit stood at Rs 146.8 crore, with revenues surging 343% YoY. Tejas Networks' order book for the quarter ended March 31 was Rs 8,221 crore. Shares surged 20% on BSE in two days and volumes rose to 119.54 lakh shares.
Tejas Networks Reports Strong Q4 Results - 22 Apr, 2024
Telecom equipment company Tejas Networks reported a consolidated net profit of Rs 146.78 crore in Q4 FY24, up from a net loss of Rs 11.47 crore YoY. The company's revenues gained 343 percent to Rs 1,326.88 crore while EBIT surged 669 percent YoY to Rs 248 crore. Order book stood at Rs 8,221 crore by the end of Q4. Shares surged 16.83%.
Tejas Networks' Subsidiary Saankhya Labs in Talks to Develop D2M Technology-Enabled Phones - 03 Apr, 2024
Tejas Networks' subsidiary Saankhya Labs is in talks to develop direct-to-mobile (D2M) technology-enabled phones. Meanwhile, analysts suggest short-term traders can buy the stock for a target of up to Rs 800 in the next 3-4 weeks.
Tejas Networks Records Surge in Volume and Receives Incentive Payment - 01 Apr, 2024
Tejas Networks Ltd saw a surge in trading volume with 9.84 lakh shares traded on the NSE, while also receiving an incentive payment of Rs 4.88 crore for FY22-23 under the PLI scheme. The stock gained 9.99% to close at Rs 722.00.
Fundamentals of Tejas Networks Ltd
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.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 4 quarters, 207.37 Cr → 1.33K Cr (in ₹), with an average increase of 45.0% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, TEJASNET has outperformed top 5 stocks with highest market-cap in Communications & Networking
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.92% to 4.27% in Mar 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 11.26% to 11.34% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, TEJASNET stock has moved up by 34.3%
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, TEJASNET has outperformed top 5 stocks with highest market-cap in Communications & Networking
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, -44.87 Cr → 146.78 Cr (in ₹), with an average increase of 130.6% per quarter
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 55.80% to 55.60% in Mar 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 28.59% to 28.31% in Mar 2024 quarter
Tejas Networks Ltd Valuation
Tejas Networks Ltd in the last 5 years
Lowest (-322.64x)
June 21, 2023
Industry (152.25x)
April 24, 2024
Today (291.31x)
April 24, 2024
Highest (296.53x)
April 23, 2024
Mutual Fund Holdings
| Funds | Holdings |
 Nippon India Small Cap Fund - Direct Plan - Growth Plan | 0.83% |
 Edelweiss Small Cap Fund Direct Growth | 0.88% |
| Nippon India Innovation Fund Direct Growth | 1.97% |
| Edelweiss Multi Cap Fund Direct Growth | 0.64% |
 Bank of India Small Cap Fund Direct Growth | 0.82% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M 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 |
Technicals of Tejas Networks Ltd share
News & Events of Tejas Networks Ltd
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Tejas Networks Ltd shares.
Tejas Networks Ltd (TEJASNET) share price today is ₹1045.4
Tejas Networks Ltd is listed on NSE
Tejas Networks Ltd is listed on BSE
- Today’s highest price of Tejas Networks Ltd is ₹1083.9.
- Today’s lowest price of Tejas Networks Ltd is ₹1031.
PE Ratio of Tejas Networks Ltd is 291.31
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 12.97L.
Today’s market capitalisation of Tejas Networks Ltd(TEJASNET) is ₹18250.4Cr.
| Tejas Networks Ltd(TEJASNET | Price |
|---|---|
52 Week High | ₹1135 |
52 Week Low | ₹618 |
Tejas Networks Ltd(TEJASNET) share price is ₹1045.4. It is down -7.89% from its 52 Week High price of ₹1135
Tejas Networks Ltd(TEJASNET) share price is ₹1045.4. It is up 69.16% from its 52 Week Low price of ₹618
| Tejas Networks Ltd(TEJASNET | Returns |
|---|---|
1 Day Returns | -23.7% |
1 Month Returns | 58.86% |
3 Month Returns | 38.63% |
1 Year Returns | 69.6% |