Tejas Networks zooms on signing agreement to supply 5G massive MIMO Radios
Tejas Networks is currently trading at Rs. 345.10, up by 27.20 points or 8.56% from its previous closing of Rs. 317.90 on the BSE.
The scrip opened at Rs. 324.35 and has touched a high and low of Rs. 348.90 and Rs. 324.30 respectively. So far 1366313 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 914.50 on 22-Apr-2025 and a 52 week low of Rs. 294.10 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 348.90 and Rs. 312.55 respectively. The current market cap of the company is Rs. 6121.14 crore.
The promoters holding in the company stood at 53.46%, while Institutions and Non-Institutions held 10.70% and 35.84% respectively.
Tejas Networks has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios. Its partnership with NEC Corporation will accelerate wireless innovation by leveraging company’s respective expertise in carrier-class product development for global telcos.
Earlier, the company had won a Telecom Capacity Augmentation Project for implementing a next-generation SDN-based DWDM network with PowerGrid Teleservices (PowerTel), a subsidiary of Power Grid Corporation of India (PGCIL).
