SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tejas Networks rises on acquiring 62.65% equity share capital of Saankhya

06 Jul 2022 Evaluate

Tejas Networks is currently trading at Rs. 455.80, up by 6.15 points or 1.37% from its previous closing of Rs. 449.65 on the BSE.

The scrip opened at Rs. 454.00 and has touched a high and low of Rs. 459.00 and Rs. 454.00 respectively. So far 3345 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 578.45 on 11-Apr-2022 and a 52 week low of Rs. 174.75 on 22-Jul-2021.

Last one week high and low of the scrip stood at Rs. 477.00 and Rs. 439.75 respectively. The current market cap of the company is Rs. 6813.28 crore.

The promoters holding in the company stood at 37.17%, while Institutions and Non-Institutions held 19.22% and 43.60% respectively.

Tejas Networks has acquired 60,81,946 equity shares through secondary purchase at a price of Rs  454.19 per equity share amounting to 62.65% of the equity share capital of Saankhya, on a fully diluted basis for a consideration of Rs 276.24 crore. Consequent to the said acquisition, Saankhya has become a subsidiary of the company.

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

Tejas Networks Share Price

424.80 -6.95 (-1.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tejas Networks 424.80
ITI 297.35
Sedemac Mechatronics 1654.95
Black Box 540.30
Quadrant Televenture 0.38
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×