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Is Tejas Networks stock headed towards ₹600?
Tejas Networks Ltd designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence, and government entities in over 75 countries.The company is a part of the Tata group, with Panatone Finvest (a subsidiary of Tata Sons Pvt. Ltd) being the majority shareholder.In the last month, the stock price has rallied from ₹317.5 on 24 February 2026 to ₹422.4 on 24 March.In the editorial, we examine some factors that would determine the direction of the stock.Read on…The company has been systematically diversifying.
Beyond India, the company has secured recent 4G RAN (Radio Access Network) orders in South Asia and optical backbone buildouts in Africa and Southeast Asia.In March 2026, the company received an order to supply its state-of-the-art 4G RAN solutions for a mobile network in South Asia.As a part of the order, Tejas’s 4G multiband radio products will be deployed at multiple locations across the mobile operator’s network.In another significant order, Tejas Networks in late February 2026, announced that it has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.These substantial orders have pushed the stock higher in the last month.Tejas has emerged as the largest supplier for this project, winning seven out of 12 packages announced so far. This involves supplying over 50,000 routers, providing multi-year revenue visibility.As a subsidiary of Tata Sons (via Panatone Finvest), Tejas benefits from the group's massive balance sheet, global corporate relationships, and lower borrowing costs.Tejas Networks has reported four consecutive quarterly losses as of Q3 FY26 (December 2025
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markets
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Even at $5 trillion, Nvidia is underappreciated
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markets
Digital
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RK Swamy bets on integrated advertising model as global agency giants split media and creative
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21.05 / 09:47
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FPIs exit Korea & Taiwan: Is India ready for the flow rotation?
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