Tejas Networks shares skyrocket 53% in five sessions! Factors you need to know

Over the past five sessions, the Tata Group company's stock price has skyrocketed by over 53%.

The recent uptick in the stock price came after the company last week bagged an order to supply 5G massive MIMO radios.

In a regulatory filing, the Tata Sons subsidiary stated that it has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.

Commenting on the agreement, Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks, said: “Our partnership with NEC will accelerate wireless innovation by leveraging our respective expertise in carrier-class product development for global telcos. We will continue to work closely with NEC to co-create leading-edge 5G/5G-advanced solutions that meet the evolving needs of customers worldwide.”

Masayuki Kayahara, Corporate Senior Vice President of Global Network Division at NEC Corporation, noted that the deal furthers NEC’s collaboration with Tejas Networks for 5G massive MIMO radio and achieves supply-chain diversification, which helps to mitigate risks to its customers by building a “resilient, flexible globalised ecosystem".

“We are delighted to win this deal in partnership with NEC as we expand our business internationally. We are looking forward to building on this momentum and replicating this success in other 4G/5G mobile networks across emerging and established markets,” said Sanjay Malik, Chief Strategy and Business Officer of Tejas Networks.

What happened on March 3

Tejas Networks on Tuesday announced the launch of TJ1600-D3, its next-generation, versatile WDM (Wavelength Division Multiplexing) optical transport product, which is purpose-built to meet the surging demand for terabit-scale data centre interconnections worldwide.

The product was unveiled by Shri Jyotiraditya Scindia, Hon’ble Union Minister of Communications (MOC) and Development of the North Eastern Region (DoNER) at Mobile World Congress (MWC) 2026, Barcelona, Spain, earlier today.

Commenting on the occasion, Shri Jyotiraditya Scindia, Hon’ble MOC and DoNER, said, “I congratulate Tejas Networks for achieving yet another milestone in the design and manufacture of cutting-edge telecom products for an AI-powered world. This announcement underscores their world-class R&D capabilities and positions India at the forefront of global technology innovation.”

Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks, said, “Traffic patterns have shifted dramatically in recent years with web scalers, carriers, and cloud providers building out ever larger data centers, AI compute clusters, and edge AI nodes. This has led to a fundamental reshaping of modern network architectures as our customers need compact, energy-efficient, and hyper-scalable products to reliably move massive volumes of data across these distributed facilities. TJ1600-D3 is an ideal, future-proof offering for this evolving connectivity requirement.”

About Tejas Networks Limited

Tejas Networks Ltd. designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defense, and government entities in over 75 countries.

Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder.