Tejas Networks is currently trading at its upper limit of Rs. 137.45, up by 6.50 points or 4.96% from its previous closing of Rs. 130.95 on the BSE.
The scrip opened at Rs. 134.00 and has touched a high and low of Rs. 137.45 and Rs. 134.00 respectively. So far 276519 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 155.85 on 11-Dec-2020 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. 137.45 and Rs. 122.60 respectively. The current market cap of the company is Rs. 1275.56 crore.
The Institutions and Non-Institutions held 32.24% and 67.76%, stake in the company respectively.
Tejas Networks has received a purchase order of $13 million from a leading telecommunications service provider in South East Asia. As per the contract, Tejas will supply and install its award-winning TJ1400 ultra-converged broadband products (TJ1400UCB) to extend high-speed broadband services to underserved rural communities in the region. The project is expected to be executed within the next 12 months.
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 | 431.70 |
| ITI | 291.70 |
| Sedemac Mechatronics | 1718.00 |
| Black Box | 534.75 |
| Quadrant Televenture | 0.37 |
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