Tejas Networks Ltd Share Price (TEJASNET)
₹775.55
Tejas Networks Ltd share Performance
- ₹771.1₹794.95₹775.55
0.57%
Low
Day's Volatility:3.08%
High
2.50%
- ₹618₹940₹775.55
20.31%
Low
52 Weeks Volatility:41.52%
High
21.20%
| Returns % | |
| 1 Month Return | 14.95 % |
| 3 Month Return | -7.61 % |
| 1 Year Return | 27.8 % |
| Market Stats | |
| Previous Close | ₹796.25 |
| Open | ₹794.95 |
| Volume | 2.63L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹13,592.63Cr |
Analyst Rating for Tejas Networks Ltd stock
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: ₹775.55 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹13,592.63Cr as of today
Revenue: ₹559.96Cr as on December 2023 (Q4 23)
Net Profit: ₹-44.87Cr as on December 2023 (Q4 23)
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' 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.
Tejas Networks Signs Agreement with Telecom Egypt for Rural Broadband Project in Egypt - 26 Mar, 2024
Tejas Networks has signed an agreement with Telecom Egypt, ITIDA and NTI to replicate its experience of implementing the BharatNet and 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.
Tejas Networks Wins Voice and Data Excellence Award - 22 Mar, 2024
Tejas Networks has won the 2023 Voice and Data Excellence award in the Make in India category for its TJ1400 Access and Aggregation Routers. The award was presented at the Telecom Leadership Forum held in New Delhi on March 21, 2024.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 11.26% to 11.34% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 207.37 Cr → 575.12 Cr (in ₹), with an average increase of 39.0% 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
NO EFFECTAgainst Peers
In the last 1 year, HFCL Ltd has given 50.8% return, outperforming this stock by 23.0%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, -12.64 Cr → -44.87 Cr (in ₹), with an average decrease of 255.0% per quarter
- NEGATIVE IMPACT
Promoter 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
- NEGATIVE IMPACT
Price Dip
In the last 6 months, TEJASNET stock has moved down by -10.5%
Tejas Networks Ltd Valuation
Tejas Networks Ltd in the last 5 years
Lowest (-322.64x)
June 21, 2023
Today (-141.18x)
April 18, 2024
Industry (135.70x)
April 18, 2024
Highest (193.82x)
January 13, 2022
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
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Tejas Networks Ltd (TEJASNET) share price today is ₹775.55
Tejas Networks Ltd is listed on NSE
Tejas Networks Ltd is listed on BSE
- Today’s highest price of Tejas Networks Ltd is ₹794.95.
- Today’s lowest price of Tejas Networks Ltd is ₹771.1.
PE Ratio of Tejas Networks Ltd is -141.18
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 2.63L.
Today’s market capitalisation of Tejas Networks Ltd(TEJASNET) is ₹13592.63Cr.
| Tejas Networks Ltd(TEJASNET | Price |
|---|---|
52 Week High | ₹940 |
52 Week Low | ₹618 |
Tejas Networks Ltd(TEJASNET) share price is ₹775.55. It is down -17.49% from its 52 Week High price of ₹940
Tejas Networks Ltd(TEJASNET) share price is ₹775.55. It is up 25.49% from its 52 Week Low price of ₹618
| Tejas Networks Ltd(TEJASNET | Returns |
|---|---|
1 Day Returns | -20.7% |
1 Month Returns | 14.95% |
3 Month Returns | -7.61% |
1 Year Returns | 27.8% |