Tejas Networks share price rises up to 9% on securing 4G network expansion project in South Asia

The stock rose as much as 9.08% to ₹463 apiece on the National Stock Exchange (NSE). At 9:36 am, it was up 5% to ₹445.79 per unit.

The stock had hit its 52-week high of ₹914.40 apiece on April 22, 2025, while the year's low of ₹294 was recorded on January 27, 2026.

The scrip has climbed 4.37% in the past week and 34.29% in a month. However, year to date, it is down 1.64%.

In an exchange filing on Monday, the company announced that it has secured a purchase order to supply its state-of-the-art 4G Radio Access Network (RAN) solutions for a mobile network in South Asia.

As part of the deal, the company's 4G multibrand radio products will be deployed at several locations across the mobile operator's network.

Sanjay Malik, the company's chief strategy and business officer said, "We are proud to announce further progress in our pursuit to expand our international wireless business and in taking our 4G/5G mobility stack global. We look forward to growing our presence in the customer’s network while replicating this success in other 4G/5G mobile networks, both in India and across the globe."

Dr. Kumar N Sivarajan, chief technology officer said, “By inducting Tejas as their new wireless OEM, our South Asian customer now has a trusted and proven technology partner capable of addressing diverse network requirements while benefiting from greater vendor diversity. We are fully committed to support them with innovative and well-differentiated solutions to optimally meet their network performance and user experience objectives.”

Last month, the company had signed a deal with NEC Corporation to produce and supply 5G massive MIMO radio.

The company had reported a net loss of ₹197 crore in the latest December quarter, compared to a profit of ₹166 crore a year back.

The revenue from operations stood at ₹307 crore in Q3 FY26, down from ₹2,642 crore in the same period of the previous fiscal year.