Tejas Networks shares skyrocket 60% in simply 4 classes! What’s triggering the sharp surge?
Volumes have been sturdy in at the moment’s session as 7 crore shares modified fingers, considerably increased than the 1 week and 1 month common of 4 crore and 1 crore shares, respectively.
Final week, the corporate introduced that it has signed an settlement with NEC Company to fabricate and provide 5G large MIMO radios. With at the moment’s rise, the inventory has snapped a 4-day shedding streak.
MIMO (A number of-Enter A number of-Output) is a wi-fi know-how that enhances information pace and sign reliability through the use of a number of antennas at each the transmitter and receiver, quite than only one.
Tejas Networks is a number one producer and provider of a flexible mobility product suite comprising 4G and 5G radio entry community (RAN) choices, together with high-capacity 32TR and 64TR large MIMO radios that comply to each 3GPP and O-RAN requirements.
Sanjay Malik, Chief Technique and Enterprise Officer of Tejas Networks mentioned, “We’re delighted to win this deal in partnership with NEC as we develop our enterprise internationally. We’re wanting ahead to constructing on this momentum and replicate this success in different 4G/5G cell networks throughout rising and established markets.”
Tejas Networks Q3 snapshot
The home telecom gear maker reported a consolidated lack of Rs 196.55 crore for the October–December quarter, marking its second consecutive quarterly loss. The weak efficiency was largely pushed by a pointy decline in gross sales, together with the deferment of buy orders from state-owned Bharat Sanchar Nigam Restricted (BSNL). In the identical quarter final 12 months, the corporate had posted a revenue of Rs 165.67 crore.
Consolidated income from operations fell sharply by about 88% year-on-year to Rs 307 crore within the December 2025 quarter, in contrast with round Rs 2,642 crore reported within the December 2024 quarter.
Throughout the reported quarter, round 85% of the corporate’s income combine, excluding working income, got here from the home market, whereas the remaining 15% was contributed by worldwide operations.
The corporate mentioned it maintained stock value Rs 2,363 crore as of the December 2025 quarter, which it expects to transform into completed items and ship over the approaching months. Money balances stood at Rs 537 crore in the course of the quarter.
(Disclaimer: Suggestions, strategies, views and opinions given by the specialists are their very own. These don’t symbolize the views of The Financial Occasions.)