Tejas Networks Ltd

The Board of Tejas Networks at its meeting held on 30 May 2025 has announced accepted the resignation of Anand Athreya, from the position of Managing Director and Chief Executive Officer with effect from 20 June 2025. Powered by Capital Market - Live

In August 2023, Tejas had enteed into a master contract with TCS for undertaking supply, support and annual maintenance services of its RAN equipment for BSNL's pan-India 4G/5G network. TCS has informed the company that it has received an add-on advance purchase order from BSNL for supply, deployment and maintenance of 4G mobile network at 18,685 sites. The value of supplies for radio access network (RAN) and other equipment to TCS from Tejas for this deployment is expected to be approximately Rs 1525.53 crore. The detailed purchase orders for the same would be issued by TCS to the company in due course,' Tejas Networks said in a statement. Tejas Networks designs and manufactures wireline and wireless networking products, with a focus on technology, innovation, and R&D. TNL carrier-class products are used by telecom service providers, utilities, governments, and defense networks in 75+ countries. Tejas Networks is a part of the Tata Group, with Panatone Finvest (a subsidiary of Tata Sons) being the majority shareholder. The company reported a consolidated net loss of Rs 71.80 crore in Q4 FY25 as against a net profit of Rs 146.78 crore posted in Q4 FY24. Total revenue from operations soared to Rs 1,906.94 crore in Q4 FY25 from Rs 1,326.88 crore recorded in the corresponding quarter the previous year. Powered by Capital Market - Live

Tejas Networks Ltd gained 2.32% today to trade at Rs 706.4. The BSE Telecommunication index is up 0.84% to quote at 2860.1. The index is up 6.48 % over last one month. Among the other constituents of the index, Indus Towers Ltd increased 1.71% and Tata Teleservices (Maharashtra) Ltd added 1.62% on the day. The BSE Telecommunication index went up 9.26 % over last one year compared to the 10.02% surge in benchmark SENSEX. Tejas Networks Ltd has lost 13.92% over last one month compared to 6.48% gain in BSE Telecommunication index and 8.89% rise in the SENSEX. On the BSE, 3692 shares were traded in the counter so far compared with average daily volumes of 2.91 lakh shares in the past one month. The stock hit a record high of Rs 1495.1 on 27 Jun 2024. The stock hit a 52-week low of Rs 647 on 17 Mar 2025.Powered by Capital Market - Live

Tejas Networks today announced that Shri Jyotiraditya Scindia, Union Minister of Communications and Development of North Eastern Region, launched its industry-leading 1.2 Tbps single wave coherent DWDM solution at the Bharat Telcom 2025 event being organized by the Telecom Export Promotion Council (TEPC) at Hotel Taj Palace in New Delhi earlier today. The company is also showcasing its innovative 5G Massive MIMO radio and other flagship wireline products at the event, including 10Gbps symmetric fiber broadband access using XGS-PON technology, and high capacity IP/MPLS access and aggregation routers. Arnob Roy, COO of Tejas Networks and the Chairman of TEPC said, 'We thank the Hon'ble Union Minister of Communications for inaugurating the Bharat Telecom event this year and for launching our indigenously designed next-generation coherent DWDM product that enables organic multi-fold network capacity growth in a cost-effective manner. Government of India's forward-looking policies are having an enormous impact on the telecom innovation ecosystem in the country and driving a profound transformation of the domestic industry as a whole.' Powered by Capital Market - Live

Avantel Ltd, Lloyds Engineering Works Ltd, Shriram Finance Ltd and Ramkrishna Forgings Ltd are among the other losers in the BSE's 'A' group today, 28 April 2025.Tejas Networks Ltd lost 12.43% to Rs 753 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 9.34 lakh shares were traded on the counter so far as against the average daily volumes of 2.36 lakh shares in the past one month.Avantel Ltd crashed 9.43% to Rs 117.15. The stock was the second biggest loser in 'A' group.On the BSE, 7.21 lakh shares were traded on the counter so far as against the average daily volumes of 1.92 lakh shares in the past one month.Lloyds Engineering Works Ltd tumbled 5.82% to Rs 59.6. The stock was the third biggest loser in 'A' group.On the BSE, 17.77 lakh shares were traded on the counter so far as against the average daily volumes of 7.11 lakh shares in the past one month.Shriram Finance Ltd dropped 5.77% to Rs 617.85. The stock was the fourth biggest loser in 'A' group.On the BSE, 12.12 lakh shares were traded on the counter so far as against the average daily volumes of 2.95 lakh shares in the past one month.Ramkrishna Forgings Ltd shed 5.52% to Rs 620. The stock was the fifth biggest loser in 'A' group.On the BSE, 3.21 lakh shares were traded on the counter so far as against the average daily volumes of 64342 shares in the past one month.Powered by Capital Market - Live

Tejas Networks will hold a meeting of the Board of Directors of the Company on 25 April 2025.Powered by Capital Market - Live

This sharp rise follows the company's recent announcement of receiving Rs 123.45 crore under the Production Linked Incentive (PLI) Scheme. ' The company announced on 13 March 2025, that it had received the incentive from the Ministry of Communications, Department of Telecommunications, New Delhi, for the financial year 2023-24. This payment is part of the PLI scheme designed to boost domestic manufacturing of telecom and networking products. ' The positive news has fueled a strong rally for Tejas Networks, with the stock climbing 23% in four consecutive sessions, recovering from a recent low of Rs 649.70 on 17 March 2025. However, despite this recent uptrend, Tejas Networks' stock is still remains down approximately 33% year-to-date in 2025. It is also significantly below its all-time high of Rs 1495, which was reached on 27 June 2024, currently sitting at a 46.56% decrease from that high point. Tejas Networks designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks is a part of the Tata Group, with Panatone Finvest (a subsidiary of Tata Sons) being the majority shareholder with a 54.01% stake as on December 2024. On a consolidated basis, Tejas Networks reported a net profit of Rs 165.57 crore in Q3 FY25 as against net loss of Rs 44.87 crore in Q3 FY24. Net sales soared 345.98% YoY to Rs 2,497.30 crore in Q3 December 2024 over Q3 December 2023. The company's order book at the end of Q3 FY25 stood at Rs 2,681 crore. Powered by Capital Market - Live

Redington Ltd, Hindustan Construction Company Ltd, Jupiter Wagons Ltd and Newgen Software Technologies Ltd are among the other gainers in the BSE's 'A' group today, 21 March 2025.Tejas Networks Ltd spiked 15.07% to Rs 817.05 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.8 lakh shares were traded on the counter so far as against the average daily volumes of 1.51 lakh shares in the past one month. Redington Ltd soared 11.80% to Rs 254.4. The stock was the second biggest gainer in 'A' group. On the BSE, 6.83 lakh shares were traded on the counter so far as against the average daily volumes of 2.26 lakh shares in the past one month. Hindustan Construction Company Ltd surged 11.34% to Rs 27.39. The stock was the third biggest gainer in 'A' group. On the BSE, 54.78 lakh shares were traded on the counter so far as against the average daily volumes of 33.04 lakh shares in the past one month. Jupiter Wagons Ltd rose 11.18% to Rs 348.55. The stock was the fourth biggest gainer in 'A' group. On the BSE, 14.48 lakh shares were traded on the counter so far as against the average daily volumes of 2.71 lakh shares in the past one month. Newgen Software Technologies Ltd added 9.14% to Rs 1048.4. The stock was the fifth biggest gainer in 'A' group. On the BSE, 56401 shares were traded on the counter so far as against the average daily volumes of 22359 shares in the past one month. Powered by Capital Market - Live

Tejas Networks has allotted 3,04,463 equity shares under ESOP on 25 February 2025. With this allotment, the paid up equity share capital has increased to Rs 1,76,05,95,860/- divided into 17,60,59,586 equity shares of Rs 10/- each. Powered by Capital Market - Live

Tejas Networks Ltd gained 1.74% today to trade at Rs 773. The BSE Telecommunication index is up 0.58% to quote at 2572.69. The index is down 8.46 % over last one month. Among the other constituents of the index, Mahanagar Telephone Nigam Ltd increased 1.69% and Tata Teleservices (Maharashtra) Ltd added 1.68% on the day. The BSE Telecommunication index went up 3.28 % over last one year compared to the 2.38% surge in benchmark SENSEX. Tejas Networks Ltd has lost 22.19% over last one month compared to 8.46% fall in BSE Telecommunication index and 2.19% drop in the SENSEX. On the BSE, 1305 shares were traded in the counter so far compared with average daily volumes of 1.3 lakh shares in the past one month. The stock hit a record high of Rs 1495.1 on 27 Jun 2024. The stock hit a 52-week low of Rs 652.05 on 28 Mar 2024.Powered by Capital Market - Live