11-10-2022 02:53 PM | Source: Accord Fintech
Tejas Networks trades higher on the BSE
News By Tags | #572 #4019 #276

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Tejas Networks is currently trading at Rs. 629.00, up by 12.55 points or 2.04% from its previous closing of Rs. 616.45 on the BSE.

The scrip opened at Rs. 632.00 and has touched a high and low of Rs. 642.75 and Rs. 620.45 respectively. So far 62038 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. 359.50 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 664.45 and Rs. 611.50 respectively. The current market cap of the company is Rs. 9560.39 crore.

The promoters holding in the company stood at 52.20%, while Institutions and Non-Institutions held 14.98% and 32.82% respectively.

Tejas Networks’ flagship product--TJ1400 UCB had won the prestigious ‘Broadband Innovation of the Year’ award at the sixth annual Mobile Breakthrough awards program. Mobile Breakthrough, a leading independent market intelligence organization based in California (USA), recognizes top companies, technologies and products in the global wireless and mobile market.

TJ1400 UCB has won three prestigious innovation awards in the last one month, starting with the “Best Made in India Telecom Innovation” at India Mobile Congress (IMC) followed by the 2022 Technovation Award from India Electronics and Semiconductor Association (IESA). The company is exhibiting its end-to-end portfolio of wireline and wireless products, including TJ1400 UCB, at AfricaCom (Stand No. C7) being held at the Cape Town International Convention Center from November 8, 2022 to November 10, 2022.

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.