Tejas Networks is currently trading at RS. 713.15, up by 19.95 points or 2.88% from its previous close of RS. 693.20 on the BSE.
The stock opened at RS. 693.70 and touched an intraday high of RS. 740.00 and a low of RS. 693.70. So far, 11,41,533 shares have been traded on the counter.
A BSE group 'A' stock with a face value of RS. 10, Tejas Networks hit a 52-week high of RS. 1495.10 on June 27, 2024, and a 52-week low of RS. 647.00 on March 17, 2025. In the past week, the stock has fluctuated between RS. 744.60 and RS. 686.45. The current market capitalization of the company stands at RS. 12633.50 crore.
Promoters hold a 53.83% stake in the company, while institutional and non-institutional investors hold 11.94% and 34.23% respectively.
Tejas Networks has successfully completed the supply of telecom equipment to BSNL to set up 1 lakh sites for 4G and 5G services under a contract awarded in August 2023. This accomplishment marks one of the world’s largest single-vendor RAN network deployments completed in record time.
The company is in advanced discussions with BSNL for a follow-up contract and is also targeting the upcoming Rail Kavach tender related to train security systems.
BSNL is expected to launch its 4G services by June, nearly nine years after private operators. Once stabilized, the network is expected to be upgraded to 5G.
Tejas Networks specializes in designing and selling high-performance, cost-efficient networking products to telecom service providers, ISPs, utilities, defence, and government organizations.