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Tejas Networks trades higher on the bourses

13 Jun 2018 Evaluate

Tejas Networks is currently trading at Rs. 312.95, up by 0.70 points or 0.22% from its previous closing of Rs. 312.25 on the BSE.

The scrip opened at Rs. 317.70 and has touched a high and low of Rs. 319.00 and Rs. 312.95 respectively. So far 4089 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 472.20 on 09-Jan-2018 and a 52 week low of Rs. 257.00 on 27-Jun-2017.

Last one week high and low of the scrip stood at Rs. 320.00 and Rs. 307.05 respectively. The current market cap of the company is Rs. 2853.20 crore.

The Institutions holding in the company stood at 27.51%, while Non-Institutions held 72.49%.

Tejas Networks’ TJ1400 Packet Transport Networking (PTN) product has been selected by Wheat State Telephone, a progressive rural carrier in USA, to offer cutting-edge telecommunication services in south-central Kansas. Wheat State Telephone is a local telecommunications provider in Kansas and serves primarily residential customers while delivering services to select business customers. 

Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities.

Peers
Company Name CMP
Black Box 831.35
ITI 255.20
Tejas Networks 516.95
Quadrant Televenture 0.82
Valiant Communicatns 1427.75
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