# Tejas Networks (TEJASNET) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/tejasnet

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹416.8
- Change: -1.69%
- As of: 2026-11-06
- 1D return: -1.69%
- 5D return: +3.44%
- 1M return: -7.61%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

As of 6 November 2026, TEJASNET (₹416.8) exhibits a strong bearish technical structure across daily and monthly horizons. The stock trades below all key moving averages and the Supertrend on daily, weekly, and monthly charts, confirming sustained selling pressure. Trend strength is established on the daily timeframe (ADX 33.48) and strong on the monthly (ADX 56.06), with Minus DI significantly outpacing Plus DI, indicating dominant downward momentum. The stock is positioned near the lower end of its recent ranges (+22.5% in the 20-day range, +8.4% in the 50-day range). A monthly Inside Bar formation suggests consolidation within this downtrend. Volatility remains elevated at 54.2% annualized, with the stock currently 65.6% below its available high. Immediate resistance lies at ₹417.9 (0.26% above), while support is found at ₹411.85 (1.19% below).

- Trend: Strong bearish alignment across daily and monthly timeframes; price below all major MAs and Supertrend.
- Momentum: Daily ADX 33.48 confirms established trend; Monthly ADX 56.06 indicates strong conviction in downside.
- Levels: Nearest resistance at ₹417.9; nearest support at ₹411.85. Range position is near lower ends for short-term windows.
- Risk: High volatility (54.2%) and significant drawdown (-65.6% from available high); monthly Inside Bar signals consolidation.

- Inside Bar
- Outside Bar
- Doji
- Bearish Engulfing Reversal

### News Context

Tejas Networks reported a sharp contraction in FY26 annual revenue, falling to ₹1,103 crore from ₹8,455 crore in FY25, driven by the completion of its major BSNL 4G site supply and delays in new project awards. This revenue drop contributed to an EBITDA loss of ₹682 crore compared to a profit of ₹1,258 crore previously. However, Q2FY27 results released in October showed quarterly revenue growth of 55% year-over-year to ₹406 crore, with the order book expanding to ₹2,315 crore on the back of a Letter of Intent for 18,685 BSNL sites. Management highlighted inventory reduction and debt repayment expectations tied to milestone collections. On October 28, ICRA reaffirmed the company’s credit ratings at A+(Stable) for facilities up to ₹6,000 crore and A1+ for its Commercial Paper programme. Despite these operational updates, the stock has faced significant downside, trading near ₹416.8 as of November 6, with technical indicators showing bearish trends across daily, weekly, and monthly timeframes.

- FY26 revenue fell to ₹1,103 crore (from ₹8,455 crore in FY25), resulting in an EBITDA loss of ₹682 crore due to fixed cost rigidity and delayed project awards.
- Q2FY27 quarterly revenue grew 55% YoY to ₹406 crore, while the order book expanded to ₹2,315 crore, supported by an LOI for 18,685 BSNL 4G sites.
- ICRA reaffirmed credit ratings at A+(Stable) for credit facilities aggregating ₹6,000 crore and A1+ for the ₹500 crore Commercial Paper programme on October 28, 2026.
- The stock closed at ₹416.8 on November 6, 2026, with technical indicators signaling bearish momentum across daily, weekly, and monthly charts.

- Tejas Networks Limited has informed the Exchange about Credit Rating |SUBJECT: Credit Rating
- AS ON DATE : 27-OCT-26
- TEJAS NETWORKS LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Tejas Networks Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Tejas Networks Limited has informed the Exchange about Copy of Newspaper Publication of the unaudited financial results for the quarter and six months ended September 30, 2026 |SUBJECT: Copy of Newspaper Publication

### Official Filings

Tejas Networks reported a sharp contraction in FY26 full-year revenue to ₹1,103 crore from ₹8,455 crore in FY25, driven by the completion of the large-scale BSNL 4G site supply and delays in new project awards. This volume drop led to an EBITDA loss of ₹682 crore against a prior-year profit of ₹1,258 crore, as fixed operating costs did not decline proportionally with revenue. The company also missed out on FY26 PLI grants due to falling below eligibility thresholds, though it received ₹278 crore related to previous years.

For Q2 FY27 (ended September 30, 2026), revenue rebounded 55% year-on-year to ₹406 crore, and net loss narrowed to ₹207 crore from ₹307 crore. The order book expanded significantly to ₹2,315 crore, supported by a letter of intent for 18,685 additional BSNL sites. Despite this operational improvement, net debt rose slightly to ₹4,384 crore from ₹4,277 crore at the end of Q1 FY27. Credit ratings for its credit facilities and commercial paper programme were reaffirmed by ICRA as Stable/A+ and A1+ respectively, following periodic monitoring of these results.

- FY26 Revenue collapsed to ₹1,103 crore from ₹8,455 crore in FY25, resulting in an EBITDA loss of ₹682 crore versus a ₹1,258 crore profit previously, attributed to completed BSNL deliveries and delayed new awards.
- Q2 FY27 revenue recovered 55% YoY to ₹406 crore, with net loss narrowing to ₹207 crore; order book grew to ₹2,315 crore, including an LOI for 18,685 BSNL add-on sites.
- Net debt increased marginally to ₹4,384 crore at Q2 FY27-end from ₹4,277 crore at Q1 FY27-end, while ICRA reaffirmed stable credit ratings for facilities aggregating ₹6,000 crore and a ₹500 crore CP programme.

- [Tejas Networks Limited has informed the Exchange about Credit Rating |SUBJECT: Credit Rating](https://nsearchives.nseindia.com/corporate/TEJASNET_28102026185620_SE_Covering_Letter_-_Credit_Rating.pdf)
- [AS ON DATE : 27-OCT-26](https://nsearchives.nseindia.com/annual_reports/AR_32230_TEJASNET_2025_2026_A_19182293_27102026183003.pdf)
- [TEJAS NETWORKS LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261022_161042565.xml)
- [Tejas Networks Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEJASNET_22102026161919_Transcript_Letter.pdf)
- [Tejas Networks Limited has informed the Exchange about Copy of Newspaper Publication of the unaudited financial results for the quarter and six months ended September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TEJASNET_17102026132945_Newspaper_Publication.pdf)
- [Tejas Networks Limited has informed the Exchange about Link of Recording of earnings call for the Q2 FY 27 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEJASNET_17102026135358_Earnings_Call_Audio_Recording_link_Letter.pdf)
- [TEJAS NETWORKS LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261017_155832946.xml)
- [Tejas Networks Limited has submitted to the Exchange, the unaudited financial results for the quarter and six months ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026182254_Outcome.pdf)
- [Tejas Networks Limited has informed the Exchange regarding a press release dated October 16, 2026, titled "Press Release on financials for Q2 FY 2027". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026185522_Press_Release_-_Financials.pdf)
- [Tejas Networks Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026191355_Investors_Presentation_-_Intimation.pdf)

### Fundamentals

Tejas Networks is navigating a severe earnings contraction in FY2026-27, marked by a sharp drop in revenue and persistent losses. For Q2 FY2026-27 (Sep 2026), revenue from operations fell to ₹406 crore, down significantly from the prior year's comparable quarter of ₹2,620 crore (Sep 2025). The company reported a net loss of ₹207 crore, with an EPS loss of ₹11.62 per share. Operating profit remained negative at ₹107 crore, while finance costs rose to ₹87 crore, indicating that debt servicing continues to weigh on profitability despite lower sales.

Financial health shows mixed signals. While total assets decreased to ₹8,438 crore as of Sep 2026, cash reserves improved to ₹110 crore from ₹56 crore a year earlier. However, borrowings have risen steadily, reaching ₹4,970 crore by Sep 2026. Working capital efficiency deteriorated sharply, with the Cash Conversion Cycle jumping to 2,010 days and Debtor Days rising to 1,077 days in Mar 2026, suggesting significant delays in cash collection. Return on Capital Employed (ROCE) turned negative at -15% for Mar 2026, reflecting poor capital utilization during this downturn.

- Q2 FY2026-27 Revenue: ₹406 crore; Net Loss: ₹207 crore; EPS Loss: ₹11.62
- Borrowings increased to ₹4,970 crore by Sep 2026; Cash reserves rose to ₹110 crore
- Cash Conversion Cycle spiked to 2,010 days in Mar 2026, signaling working capital strain
- Next Checkpoint: Monitor if Q3 FY2026-27 revenue stabilizes and operating margins improve amid high interest costs

### Bear Case

Tejas Networks (NSE: TEJASNET) faces significant downside pressure, evidenced by a sustained bearish technical setup and substantial recent underperformance. As of 6 November 2026, the stock closed at ₹416.80, reflecting a year-to-date decline of 7.8% and a one-year loss of 21.3%. The monthly trend is firmly bearish, with the ADX reading at 56.06 indicating strong downward momentum, while the weekly trend also signals bearishness despite lower volatility.

The equity has suffered a severe drawdown, currently sitting 65.6% below its peak, with a historical maximum drawdown of 75.6%. High annualized volatility of 54.2% underscores the asset's risk profile. Immediate support lies near ₹411.85, just 1.19% below current levels, offering little cushion against further erosion. Resistance is clustered closely above, starting at ₹417.90 (0.26% away), suggesting limited upside potential in the near term.

- Sustained Bearish Momentum: Monthly and weekly trends are both bearish; monthly ADX stands at 56.06, indicating strong directional movement to the downside.
- Severe Drawdown Context: The stock is down 65.6% from its all-time high, with a maximum historical drawdown of 75.6%, highlighting significant capital erosion over time.
- Weak Recent Returns: One-month return is -12.4% and one-year return is -21.3%, contrasting with a modest +2.3% gain over the last 10 days.
- Tight Support/Resistance Zone: Current price of ₹416.80 is sandwiched between immediate support at ₹411.85 (-1.19%) and resistance at ₹417.90 (+0.26%), limiting short-term trading range.

- [Tejas Networks Limited has informed the Exchange about Credit Rating |SUBJECT: Credit Rating](https://nsearchives.nseindia.com/corporate/TEJASNET_28102026185620_SE_Covering_Letter_-_Credit_Rating.pdf)
- [AS ON DATE : 27-OCT-26](https://nsearchives.nseindia.com/annual_reports/AR_32230_TEJASNET_2025_2026_A_19182293_27102026183003.pdf)
- [TEJAS NETWORKS LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261022_161042565.xml)
- [Tejas Networks Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEJASNET_22102026161919_Transcript_Letter.pdf)
- [Tejas Networks Limited has informed the Exchange about Copy of Newspaper Publication of the unaudited financial results for the quarter and six months ended September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TEJASNET_17102026132945_Newspaper_Publication.pdf)
- [Tejas Networks Limited has informed the Exchange about Link of Recording of earnings call for the Q2 FY 27 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEJASNET_17102026135358_Earnings_Call_Audio_Recording_link_Letter.pdf)
- [TEJAS NETWORKS LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261017_155832946.xml)
- [Tejas Networks Limited has submitted to the Exchange, the unaudited financial results for the quarter and six months ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026182254_Outcome.pdf)
- [Tejas Networks Limited has informed the Exchange regarding a press release dated October 16, 2026, titled "Press Release on financials for Q2 FY 2027". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026185522_Press_Release_-_Financials.pdf)
- [Tejas Networks Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026191355_Investors_Presentation_-_Intimation.pdf)

### FAQs

**Why did Tejas Networks' full-year revenue drop sharply from FY25 to FY26?**

FY26 revenue from operations fell to ₹1,103 crore from ₹8,455 crore in FY25. The annual report attributes this primarily to the completion of supply for 100,000 BSNL 4G sites in FY25 and delays in expected project awards. Operating costs remained high because a large portion were fixed, leading to an EBITDA loss of ₹682 crore compared to a profit of ₹1,258 crore in FY25.

**What is the current status of the company's order book and recent contracts?**

As of October 16, 2026, the order book grew to ₹2,315 crore. This growth was driven by a Letter of Intent (LOI) for 18,685 sites for BSNL’s 4G network expansion. Management also highlighted international traction through 5G Proof of Concept (POC) activities and partnerships with NEC.

**How has the stock performed technically over the past year?**

The stock has experienced significant volatility and decline. It is down -21.3% over the last year and -7.8% year-to-date as of November 6, 2026. The share price closed at ₹416.8, reflecting a maximum drawdown of -75.6%. Technical indicators on daily, weekly, and monthly timeframes are currently bearish, with the Supertrend direction signaling downward pressure across all periods.

- [Tejas Networks Limited has informed the Exchange about Credit Rating |SUBJECT: Credit Rating](https://nsearchives.nseindia.com/corporate/TEJASNET_28102026185620_SE_Covering_Letter_-_Credit_Rating.pdf)
- [AS ON DATE : 27-OCT-26](https://nsearchives.nseindia.com/annual_reports/AR_32230_TEJASNET_2025_2026_A_19182293_27102026183003.pdf)
- [TEJAS NETWORKS LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261022_161042565.xml)
- [Tejas Networks Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEJASNET_22102026161919_Transcript_Letter.pdf)
- [Tejas Networks Limited has informed the Exchange about Copy of Newspaper Publication of the unaudited financial results for the quarter and six months ended September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TEJASNET_17102026132945_Newspaper_Publication.pdf)
- [Tejas Networks Limited has informed the Exchange about Link of Recording of earnings call for the Q2 FY 27 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEJASNET_17102026135358_Earnings_Call_Audio_Recording_link_Letter.pdf)
- [TEJAS NETWORKS LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261017_155832946.xml)
- [Tejas Networks Limited has submitted to the Exchange, the unaudited financial results for the quarter and six months ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026182254_Outcome.pdf)
- [Tejas Networks Limited has informed the Exchange regarding a press release dated October 16, 2026, titled "Press Release on financials for Q2 FY 2027". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026185522_Press_Release_-_Financials.pdf)
- [Tejas Networks Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026191355_Investors_Presentation_-_Intimation.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹427.15
- Risk regime: Higher Price Risk

### Support levels
- 408.4
- 398.775
- 382.25

### Resistance levels
- 464.725
- 529.6078125
- 555.7750000000001

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.69% |
| return_10 | +2.33% |
| return_1m | -12.41% |
| return_1y | -21.28% |
| return_20 | -7.61% |
| return_3m | -20.20% |
| return_5 | +3.44% |
| return_6m | -10.02% |
| return_since_start | -64.71% |
| return_ytd | -7.81% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -75.58% |
| annualized_volatility | +54.23% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Tejas Networks Limited Q2 FY27: Revenue up 55%, loss narrows year on year

Consolidated revenue from operations rose 55% year on year to ₹406 crore in Q2 FY27, while the net loss narrowed to ₹207 crore from ₹307 crore a year earlier. Sequentially, revenue was nearly flat and the loss widened from ₹202 crore. Quarter-end cash and cash equivalents were ₹110 crore; noncurrent borrowings increased from their March-end level.

## Revenue and expenses

Revenue from operations was ₹405.7 crore, up from ₹402.2 crore in Q1 FY27 and ₹261.8 crore in Q2 FY26. Total expenses increased 1.2% sequentially to ₹690.3 crore, but were 6.8% lower year on year than in Q2 FY26.

Q2 FY27 expenses included ₹237.8 crore for materials consumed, ₹26.5 crore for purchases of stock in trade, ₹105.1 crore in employee benefits and ₹91.5 crore in depreciation and amortisation. Finance costs were ₹86.5 crore, compared with ₹85.1 crore in Q1 FY27 and ₹84.3 crore in Q2 FY26.

## Earnings

The loss before tax was ₹276.9 crore, compared with ₹270.8 crore in Q1 FY27 and ₹473.0 crore in Q2 FY26. A deferred tax credit of ₹69.9 crore brought the net loss to ₹206.9 crore, versus ₹202.2 crore in Q1 FY27 and ₹307.1 crore in Q2 FY26.

Basic loss per share was ₹11.62, compared with ₹11.37 in Q1 FY27 and ₹17.38 in Q2 FY26. Other income was ₹7.8 crore, contributing to total income of ₹413.5 crore, up from ₹411.1 crore in Q1 FY27.

## Balance sheet and liquidity

At 30 September 2026, current trade receivables stood at ₹2,145 crore, down from ₹3,256 crore at 31 March 2026 and ₹3,827 crore at 30 September 2025. Inventories were ₹2,314 crore, compared with ₹2,438 crore at 31 March 2026.

Cash and cash equivalents were ₹109.8 crore, up from ₹102.7 crore at 31 March 2026 and ₹56.0 crore at 30 September 2025. Other bank balances were ₹37.2 crore.

Noncurrent borrowings rose to ₹1,162 crore from ₹552 crore at 31 March 2026; current borrowings were ₹3,673 crore. Current liabilities declined to ₹4,587 crore from ₹5,754 crore at March-end, including a decrease in other current liabilities to ₹155 crore from ₹1,521 crore. Total assets were ₹8,438 crore, down from ₹9,403 crore, while equity attributable to owners of the parent was ₹2,528 crore, compared with ₹2,931 crore at 31 March 2026.

## Key Takeaway

Revenue growth remained strong year on year and the net loss narrowed against Q2 FY26, but the loss widened sequentially as revenue was nearly flat. Receivables and inventories were lower than at March-end, while noncurrent borrowings increased; cash and cash equivalents were ₹110 crore at quarter-end.

### Ratios

## Shareholding pattern

- Quarter: FY2026-Q4
- As of: 2026-03-31
- Promoter holding: +53.40%
- FII holding: +5.29%
- DII holding: +4.32%
- Mutual fund holding: +3.52%
- Retail holding: +24.80%
- Promoter pledged: +0.00%

### Major reported shareholders

- Panatone Finvest Limited — +53.40% (Bodies Corporate)
- Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund — +3.32%

## Official filings

- 2026-10-28 — Credit Rating Update: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_28102026185620_SE_Covering_Letter_-_Credit_Rating.pdf)
- 2026-10-26 — Annual Report: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_32230_TEJASNET_2025_2026_A_19182293_27102026183003.pdf)
- 2026-10-22 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261022_161042565.xml)
- 2026-10-22 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_22102026161919_Transcript_Letter.pdf)
- 2026-10-17 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_17102026132945_Newspaper_Publication.pdf)
- 2026-10-17 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_17102026135358_Earnings_Call_Audio_Recording_link_Letter.pdf)
- 2026-10-17 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261017_155832946.xml)
- 2026-10-16 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026182254_Outcome.pdf)
- 2026-10-16 — Press Release: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026185522_Press_Release_-_Financials.pdf)
- 2026-10-16 — Earnings Presentation: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_16102026191355_Investors_Presentation_-_Intimation.pdf)
- 2026-10-16 — Financial Results Filing: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1740477_16102026085326_WEB.xml)
- 2026-10-16 — Financial Results Filing: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1740478_16102026085332_WEB.xml)
- 2026-10-16 — Shareholding Disclosure: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1740492_16102026090805_WEB.xml)
- 2026-10-13 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15249_WebXMLFile_20261013_193422678.xml)
- 2026-10-12 — Board Meeting Notice: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_12102026160154_Board_Meeting_Intimation.pdf)
- 2026-10-12 — Board Meeting Notice: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_15249_WebXMLFile_20261012_160433053.xml)
- 2026-10-12 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_15249_WebXMLFile_20261012_160433053.xml)
- 2026-10-12 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_12102026163213_Intimation_Reg74_5_.pdf)
- 2026-10-08 — Press Release: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_08102026125953_Tejas_Press_Release.pdf)
- 2026-09-25 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_25092026155657_ESOP_Intimation.pdf)
- 2026-09-25 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15249_WebXMLFile_20260925_160447579.xml)
- 2026-09-16 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_16092026162839_NP_Publication_Relodgement.pdf)
- 2026-09-11 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_11092026173156_ESOP_Intimation.pdf)
- 2026-09-11 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_15249_WebXMLFile_20260911_175247868.xml)
- 2026-09-11 — Generic Announcement: Tejas Networks Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEJASNET_11092026175002_Trading_window_closure.pdf)

## News and market events

- 2026-10-29 — BUSINESSTODAY: **Tata Group stock in focus today as ICRA affirms rating to Rs 6,500-crore credit facilities** — Shares of Tejas Networks Ltd are in focus today after credit rating firm ICRA Limited has reaffirmed the rating assigned to the company's credit facilities aggregating to Rs 6,500 crore. — [Source](https://www.businesstoday.in/markets/stocks/story/tata-group-stock-in-focus-today-as-icra-affirms-rating-to-rs-6500-crore-credit-facilities-564423-2026-10-29)
- 2026-10-09 — The Hindu: **Tejas Networks and Qualcomm jointly demonstrate 6G Integrated Sensing and Communications (ISAC) technology at India Mobile Congress 2026** — Tejas Networks and Qualcomm jointly demonstrate 6G Integrated Sensing and Communications (ISAC) technology at India Mobile Congress 2026 — [Source](https://www.thehindu.com/brandhub/pr-release/tejas-networks-and-qualcomm-jointly-demonstrate-6g-integrated-sensing-and-communications-isac-technology-at-india-mobile-congress-2026/article71563534.ece)
- 2026-09-08 — Mint: **Tejas Networks stock forms strong bullish candles; Axis Direct shares buy range, stop-loss, upside, holding period** — Tejas Networks' stock shows strong momentum, gaining 9% in a week and 27% over six months. Trading at  ₹593.55, it's 8% below its 52-week high. A recent  ₹1,537 crore order from TCS doubles its order book, supporting a bullish outlook. — [Source](https://www.livemint.com/market/stock-market-news/tejas-networks-stock-forms-strong-bullish-candles-axis-direct-shares-buy-range-stop-loss-upside-holding-period-11788849830807.html)
- 2026-09-07 — MONEYCONTROL: **Govt readies telecom PLI successor with significant outlay and components focus, targets Q1 FY28 rollout** — telecom, PLI, telecom PLI, Dixon, Syrma SGS, Nokia, Ericsson, VVDN, Samsung — [Source](https://www.moneycontrol.com/news/telecom/govt-readies-telecom-pli-successor-with-significant-outlay-and-components-focus-targets-q1-fy28-rollout-14024086.html)
- 2026-09-07 — Economic Times: **Exclusive | How Vijay Kedia turned a Rs 250 Neuland Labs bet into nearly 100x returns** — Investor Vijay Kedia's savvy investment in Neuland Laboratories has paid off handsomely, yielding nearly 100x returns. He seized the opportunity during the Covid downturn when stock prices dipped. By concentrating on the companys promising peptide sector and its CDMO capabilities, Kedia emphasized his tactic of investing in overlooked firms with solid fundamentals, which has ultimately fostered substantial wealth growth over the years. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/exclusive-how-vijay-kedia-turned-a-rs-250-neuland-labs-bet-into-nearly-100x-returns/articleshow/133862493.cms)
- 2026-09-06 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Monday** — Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monitored global market cues, US economic data, and inflation reports, while stock-specific action drove intraday activity across major sectors in a sideways-moving market environment. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/133834844.cms)
- 2026-08-31 — MONEYCONTROL: **Rs 1,537-crore BSNL order gives Tejas Networks a boost, but Arnob Roy faces a bigger challenge** — Tejas, BSNL, telecom, STL, HFCL, BSNL TEjas, — [Source](https://www.moneycontrol.com/news/telecom/rs-1-537-crore-bsnl-order-gives-tejas-networks-a-boost-but-arnob-roy-faces-a-bigger-challenge-14018831.html)
- 2026-08-28 — BUSINESS: **Sensex, Nifty snap two-day losing streak; IT stocks surge, breadth positive** — Key equity benchmarks rebounded on Friday, snapping a two-session losing streak, as a sharp rally in IT stocks helped offset weakness in select heavyweight banking and consumer-facing stocks. The rally in IT shares was supported partly by stronger global technology sentiment following upbeat Nvidia results. Pharma and metal stocks also gained, while FMCG and consumer durable stocks declined. Investor sentiment remained cautious ahead of Kevin Warsh's speech later today. Warsh is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for clues on the US central bank's monetary policy outlook. Firm crude oil prices also weighed on sentiment. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-snap-two-day-losing-streak-it-stocks-surge-breadth-positive-126082800928_1.html)
- 2026-08-28 — BUSINESS: **Indices snap 2-day losses; IT shares rally** — Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-snap-2-day-losses-it-shares-rally-126082800851_1.html)
- 2026-08-28 — BUSINESS: **Sensex, Nifty trade marginally higher; European mrkt advance** — Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-trade-marginally-higher-european-mrkt-advance-126082800589_1.html)
- 2026-08-28 — BUSINESS: **Market trades sideways; FMCG shares decline for 3rd day** — Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook. — [Source](https://www.business-standard.com/markets/capital-market-news/market-trades-sideways-fmcg-shares-decline-for-3rd-day-126082800523_1.html)
- 2026-08-28 — Economic Times: **Tejas Networks shares zoom 13% after TCS’s Rs 1,537-crore LOI for BSNL 4G rollout** — Tejas Networks shares rose sharply on Friday after the company received a Rs 1,537-crore Letter of Intent from TCS to supply RAN equipment for BSNLs indigenous 4G rollout. The proposed project covers 18,685 sites, adding to Tejas Networks role in the telecom operators nationwide 4G network deployment. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/tejas-networks-shares-zoom-13-after-tcss-rs-1537-crore-loi-for-bsnl-4g-rollout/articleshow/133584293.cms)
- 2026-08-28 — CNBC-TV18: **Tejas Networks, Tata Teleservices rally while BBTC slumps post previous day surge** — Some Nifty 500 stocks rallied on order wins and block deal activity, while others slid on large stake sales and profit booking — here's a look at today's top gainers and losers at market open. — [Source](https://www.cnbctv18.com/market/nifty-500-top-gainers-losers-market-open-tejas-networks-tata-teleservices-ather-energy-share-price-19978788.htm)
- 2026-08-28 — Mint: **Tejas Networks share price jumps 13% | here's why** — Tejas Networks share price surged 13% in morning tarde on the BSE on Friday, 28 August, a day after the company said it had received a letter of intent from TCS worth  ₹1,537 crore. — [Source](https://www.livemint.com/market/stock-market-news/tejas-networks-share-price-jumps-13-heres-why-11787893059449.html)
- 2026-08-28 — FREEPRESSJOURNAL.IN: **Tejas Networks Shares Jump 10% After ₹1,537-Crore TCS Order For BSNL 4G Rollout** — Tejas Networks shares surged nearly 10% after receiving a ₹1,537-crore Letter of Intent from TCS to supply radio access network equipment for BSNL’s 4G rollout across 18,685 sites. The order is slightly larger than Tejas Networks’ entire June-quarter order book, boosting expectations of stronger domestic telecom business — [Source](https://www.freepressjournal.in/business/tejas-networks-shares-jump-10-after-1537-crore-tcs-order-for-bsnl-4g-rollout)
- 2026-08-28 — BUSINESSTODAY: **Tejas Networks shares rally 10% on Rs 1,537 crore TCS order win; key details** — Tejas Networks share price today, Tejas Networks share, Tejas Networks share price, Tejas Networks news, Tejas Networks shares, Tejas share price — [Source](https://www.businesstoday.in/markets/stocks/story/tejas-networks-shares-rally-10-on-rs-1537-crore-tcs-order-win-key-details-551937-2026-08-28)
- 2026-08-28 — MONEYCONTROL: **Tejas Networks shares jump 10%; here's why this Rs 1,537-cr TCS-BSNL order is so significant** — tejas networks share price today, tejas networks stock update, top smallcap gainers today, tejas networks bsnl order win — [Source](https://www.moneycontrol.com/news/business/markets/tejas-networks-shares-jump-nearly-10-on-rs-1-537-crore-bsnl-4g-order-from-tcs-14017396.html)
- 2026-08-28 — MONEYCONTROL: **Buzzing Stocks: Tejas Networks advances 10% on TCS LoI; Chemplast Sanmar gains 3% on MD appointment** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-tejas-networks-advances-10-on-tcs-loi-chemplast-sanmar-gains-3-on-md-appointment-14017322.html)
- 2026-08-28 — BUSINESS: **Stock alert: Wipro, NBCC, Hero Motocorp, Adani Power, GE Shipping** — Shares of Tempsens Instruments will list on the stock exchanges today. The IPO received bids for 279.44 crore shares as against 1.51 crore shares on offer. The issue was subscribed 184.07 times. The price band of the IPO was fixed between Rs 285 and 300 per share. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-wipro-nbcc-hero-motocorp-adani-power-ge-shipping-126082800128_1.html)
- 2026-08-28 — The Hindu: **Buzzing stocks: Hero MotoCorp, Lenskart, Cipla, Wipro, Tejas Networks and more** — Explore recent developments in buzzing stocks including Lenskart, Hero MotoCorp, Cipla, and more in the market. — [Source](https://www.thehindubusinessline.com/markets/buzzing-stocks-hero-motocorp-lenskart-cipla-wipro-tejas-networks-and-more/article71398958.ece)
- 2026-08-27 — Mint: **Stocks to watch on August 28: Hero MotoCorp, ACME Solar, NBCC, RVNL, RailTel Corp among shares in focus | Stock Market News** — On August 28, investors are likely to watch Hero MotoCorp, Tejas Networks, and Zee Entertainment due to recent developments. The Indian stock market closed lower on Thursday, with Nifty 50 and BSE Sensex slipping, indicating a potential end to their recent winning streak. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-watch-on-august-28-hero-motocorp-acme-solar-nbcc-rvnl-railtel-corp-among-shares-in-focus-11787848376251.html)
- 2026-08-27 — Economic Times: **Tejas Networks bags Rs 1,537 crore BSNL 4G order from TCS** — Tejas Networks secured a Rs 1,537 crore letter of intent from Tata Consultancy Services. This order is for supplying equipment for Bharat Sanchar Nigam Ltd's 4G mobile network. TCS had previously won a Rs 2,903 crore add-on purchase order from BSNL. This new order supports BSNL's indigenous 4G network rollout plans. The agreement will help expand BSNL's network footprint across India. — [Source](https://cio.economictimes.indiatimes.com/news/corporate-news/tejas-networks-bags-rs-1537-crore-bsnl-4g-order-from-tcs/133569740)
- 2026-08-27 — BUSINESS: **Sterlite Technologies Ltd Surges 4.8%** — Sterlite Technologies Ltd has added 30.2% over last one month compared to 5.83% gain in BSE Telecommunication index and 1.06% rise in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/sterlite-technologies-ltd-surges-4-8-126082700177_1.html)
- 2026-08-22 — Economic Times: **The next export story: A $50 billion prize India can't afford to miss** — Indias telecom equipment exports remain small at about $0.6-1 billion a year, while imports are four to five times higher. A new NITI Aayog assessment says India could turn this imbalance into an opportunity and become a $50 billion telecom equipment export hub by 2035. — [Source](https://economictimes.indiatimes.com/industry/telecom/telecom-news/telecom-sector-the-next-export-story-a-50-billion-prize-india-cant-afford-to-miss/articleshow/133423767.cms)
- 2026-08-17 — Mint: **Top Gainers & Losers on 17 August: NMDC Steel, LG Electronics, BSE, Tata Tech, Infosys, Voltas among top losers | Stock Market News** — Indian stocks remained subdued on August 17, with the Nifty down 0.11% and the Sensex down 0.19% due to ongoing Middle East conflicts and high crude oil prices. Despite this, midcap and small-cap indices saw slight gains. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-17-august-nmdc-steel-lg-electronics-bse-tata-tech-infosys-voltas-among-top-losers-11786961037869.html)

## Business profile

**Strategic vision:** Designs, develops, and manufactures telecom and networking equipment.

### Business segments
- **Wireless Solutions:** Provides 4G/5G wireless products, including RAN products and Massive MIMO radios for mobile broadband and next-generation connectivity.
- **Optical Transmission:** Offers optical transmission technologies like DWDM and OTN, including advanced 1.2 Tbps C+L DWDM optical transmission products for high-bandwidth data transfer.
- **Broadband Access:** Provides fiber broadband solutions such as GPON and XGS-PON to enable high-speed internet access.
- **Switching and Routing:** Develops packet switching and routing solutions, including Ethernet and IP/MPLS routers, and hyper-scalable Data Center Interconnect platforms.
- **Broadcast and Satellite-IoT:** Involved in Direct-to-Mobile broadcasting technologies and provides Satellite-IoT solutions for remote connectivity.
- **Network Management:** Offers AI-powered network management solutions for intelligent control and optimization of telecom infrastructures.

### Competitive strengths
- R&D-driven telecommunications and networking equipment company
- Designs and manufactures globally competitive products in India

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/tejasnet
Markdown representation: https://faxioms.com/stocks/tejasnet?render=md