17/3/2025, 11:14:03 am

Tejas Networks stock snaps 4-day losing streak, jumps over 4%

Tejas Networks' shares surged 4.5% to a three-month high of ₹689, ending a four-day decline. The rise followed the company receiving ₹123.45 crore from the government under the PLI scheme. Tejas, part of the Tata Group, has secured contracts with Vodafone Idea and Tamil Nadu’s BharatNet project, and is targeting opportunities in 4G, 5G, and broadband initiatives.