Tejas Networks is currently trading at Rs. 66.95, up by 3.15 points or 4.94% from its previous closing of Rs. 63.80 on the BSE.
The scrip opened at Rs. 66.95 and has touched a high and low of Rs. 66.95 and Rs. 66.95 respectively. So far 3528 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 114.10 on 21-Nov-2019 and a 52 week low of Rs. 28.50 on 21-May-2020.
Last one week high and low of the scrip stood at Rs. 66.95 and Rs. 56.50 respectively. The current market cap of the company is Rs. 618.18 crore.
The Institutions and Non-Institutions held 36.98% and 63.02% stake in the company.
Tejas Networks has received a purchase order of Rs 66 crore from L&T Construction, to supply its GPON based fiber-broadband products and high-performance Metro Ethernet switches for a prestigious Indian defence network project. The order was received during Q1FY21 and the first set of supplies have started in Q2FY21.
This win reinforces company’s technology strengths and credibility as a trusted provider of defence communication equipment to tri-services, since it has earlier supplied its DWDM and Layer-3 Multi-Gigabit Ethernet switches for the Indian Navy network and its Layer-2 Gigabit Ethernet switches for the Indian Air Force network.
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
| Company Name | CMP |
|---|---|
| Tejas Networks | 424.80 |
| ITI | 297.35 |
| Sedemac Mechatronics | 1654.95 |
| Black Box | 540.30 |
| Quadrant Televenture | 0.38 |
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