Tejas Networks rises on deploying Ultra Converged Broadband Solution for Tata Tele Business Services
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Tejas Networks is currently trading at Rs. 716.00, up by 1.55 points or 0.22% from its previous closing of Rs. 714.45 on the BSE.
The scrip opened at Rs. 724.45 and has touched a high and low of Rs. 724.45 and Rs. 713.00 respectively. So far 6575 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 773.00 on 10-Oct-2022 and a 52 week low of Rs. 404.05 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 728.00 and Rs. 696.00 respectively. The current market cap of the company is Rs. 12124.64 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 14.46% and 29.17% respectively.
Tejas Networks has deployed its TJ1400 family of carrier-class Fiber-to-the-x (FTTx) and Packet Switching Network (PTN) solutions to deliver high-speed fiber connectivity services to businesses across the country for Tata Tele Business Services (TTBS). TTBS is a leading digital solutions provider offering a comprehensive portfolio of data, voice and managed services to Enterprises. The company’s field proven TJ1400 product will allow TTBS to address the growing demand for enterprise connectivity and enhanced customer experience.
Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities.
