Tejas Networks shares zoom over 33% in a month; check what’s driving the rally

The stock was trading 5.39% higher at ₹422.40 per equity share at around 10:44 AM.

The scrip has declined 5% in the past week but has gained more than 33% over the month. On a year-to-date basis, it has fallen 6%.

The rally comes amid a slew of recent project wins and launches.

Source: NSE

While the share touched a 52-week low of ₹294 on January 27, 2026, it hit a year’s high of ₹914.40 per equity share on April 22, 2025.

4G network expansion project in South Asia

In a regulatory filing on March 16, the global broadband, optical, and wireless networking company stated that it 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.

Tejas Networks launches Data Center Interconnect platform

Tejas Networks, on March 3, announced the launch of TJ1600-D3, its next-generation, versatile WDM (Wavelength Division Multiplexing) optical transport product.

The platform, launched at the Mobile World Congress, was purpose-built to meet the surging demand for terabit-scale data centre interconnections worldwide.

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

Order win

In a regulatory filing on February 26, the company said it bagged an order to supply 5G massive MIMO radios.

The firm stated that it signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.

Q3 Results

Tejas Networks posted a consolidated net loss of ₹196.55 crore for the third quarter of FY26, mainly due to lower sales, including the deferment of a purchase order from state-owned BSNL.

In the corresponding quarter of the previous fiscal year, it had logged a profit of ₹165.67 crore.

Its revenue from operations declined 88.89% year-on-year (YoY) to ₹306.79 crore for the quarter under review, compared to ₹2,642.24 crore in the December FY25 quarter.

Tejas Networks has a total market capitalisation of ₹7,504.50 crore, as of March 24, 2026, according to data on the NSE.