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TEJASNET
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Recent events
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Valiant Communications Says JV With Tejas Receives LoI From GETCO
March 24 (Reuters) - Valiant Communications Ltd VALC.BO:
JV WITH TEJAS RECEIVES LOI FROM GETCO
GROSS VALUE OF CO'S PORTION AT 390 MILLION RUPEES
Source text: ID:nBSEc57Xdy
Further company coverage: VALC.BO
(([email protected];;))
March 24 (Reuters) - Valiant Communications Ltd VALC.BO:
JV WITH TEJAS RECEIVES LOI FROM GETCO
GROSS VALUE OF CO'S PORTION AT 390 MILLION RUPEES
Source text: ID:nBSEc57Xdy
Further company coverage: VALC.BO
(([email protected];;))
Japan's NEC Supplies 5G Tech To India, Taiwan Firms, Executive Says - Nikkei
March 5 (Reuters) - Nikkei:
JAPAN'S NEC SUPPLIES 5G TECH TO INDIA, TAIWAN FIRMS, EXECUTIVE SAYS - NIKKEI
NEC EXECUTIVE SAYS CO SIGNED CONTRACTS WITH FIRMS INCLUDING TEJAS NETWORKS, UNIT OF INDIA'S TATA GROUP - NIKKEI
Further company coverage: 6701.T
(([email protected];))
March 5 (Reuters) - Nikkei:
JAPAN'S NEC SUPPLIES 5G TECH TO INDIA, TAIWAN FIRMS, EXECUTIVE SAYS - NIKKEI
NEC EXECUTIVE SAYS CO SIGNED CONTRACTS WITH FIRMS INCLUDING TEJAS NETWORKS, UNIT OF INDIA'S TATA GROUP - NIKKEI
Further company coverage: 6701.T
(([email protected];))
Tejas Networks Dec-Quarter Consol PAT 1.66 Bln Rupees
Jan 23 (Reuters) - Tejas Networks Ltd TEJS.NS:
DEC-QUARTER CONSOL PAT 1.66 BILLION RUPEES
DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 26.42 BILLION RUPEES
Source text: ID:nNSE1DGT4M
Further company coverage: TEJS.NS
(([email protected];;))
Jan 23 (Reuters) - Tejas Networks Ltd TEJS.NS:
DEC-QUARTER CONSOL PAT 1.66 BILLION RUPEES
DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 26.42 BILLION RUPEES
Source text: ID:nNSE1DGT4M
Further company coverage: TEJS.NS
(([email protected];;))
India's Valiant Communications gains as co wins 413.5-mln-rupee contract
** Shares of Valiant Communications VALC.BO rise 11% to 605 rupees
** The telecom equipment maker got an order worth 413.5 mln rupees ($4.8 mln) from Tejas Networks TEJS.NS
** As per the order, co has to supply communication, protection and synchronization equipment
** Trading vols at 55,109, over 5x 30-day average
** VALC stock gained 70.5% in 2024
($1 = 85.8750 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Valiant Communications VALC.BO rise 11% to 605 rupees
** The telecom equipment maker got an order worth 413.5 mln rupees ($4.8 mln) from Tejas Networks TEJS.NS
** As per the order, co has to supply communication, protection and synchronization equipment
** Trading vols at 55,109, over 5x 30-day average
** VALC stock gained 70.5% in 2024
($1 = 85.8750 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
Tejas Networks Enters 3-Yr Contract With Vodafone Idea
Dec 10 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS LTD - ENTERS THREE-YEAR CONTRACT WITH VODAFONE IDEA
TEJAS NETWORKS LTD - TO SUPPLY PRODUCTS TO BOOST VODAFONE IDEA'S NETWORK
Source text: ID:nBSE5JFhL0
Further company coverage: TEJS.NS
(([email protected];))
Dec 10 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS LTD - ENTERS THREE-YEAR CONTRACT WITH VODAFONE IDEA
TEJAS NETWORKS LTD - TO SUPPLY PRODUCTS TO BOOST VODAFONE IDEA'S NETWORK
Source text: ID:nBSE5JFhL0
Further company coverage: TEJS.NS
(([email protected];))
Tejas Networks Selected As Broadband Equipment Supplier For Bharatnet LMC Project
Dec 5 (Reuters) - Tejas Networks Ltd TEJS.NS:
SELECTED AS BROADBAND EQUIPMENT SUPPLIER FOR BHARATNET LMC PROJECT
Source text: ID:nBSE5KMVJL
Further company coverage: TEJS.NS
(([email protected];;))
Dec 5 (Reuters) - Tejas Networks Ltd TEJS.NS:
SELECTED AS BROADBAND EQUIPMENT SUPPLIER FOR BHARATNET LMC PROJECT
Source text: ID:nBSE5KMVJL
Further company coverage: TEJS.NS
(([email protected];;))
India's Tejas Networks eyes best day in 6 months after reporting Q2 profit
** Shares of Tejas Networks TEJS.NS rises 18% to 1,411 rupees, its biggest intraday pct gain since April 23
** Data networking co reports Q2 consol PAT of 2.75 billion rupees ($32.71 million) vs loss of 126.4 million rupees a year ago; rev grew over 7-fold to 28.11 bln rupees
** TEJS marks busiest day in over 4 months, with over 4 mln shares traded
** Stock up 63% YTD
($1 = 84.0600 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Tejas Networks TEJS.NS rises 18% to 1,411 rupees, its biggest intraday pct gain since April 23
** Data networking co reports Q2 consol PAT of 2.75 billion rupees ($32.71 million) vs loss of 126.4 million rupees a year ago; rev grew over 7-fold to 28.11 bln rupees
** TEJS marks busiest day in over 4 months, with over 4 mln shares traded
** Stock up 63% YTD
($1 = 84.0600 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
Tejas Networks Sept-Quarter Consol PAT 2.75 Billion Rupees
Oct 18 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS SEPT-QUARTER CONSOL PAT 2.75 BILLION RUPEES
TEJAS NETWORKS SEPT-QUARTER CONSOL TOTAL REVENUE 28.11 BILLION RUPEES
Further company coverage: TEJS.NS
(([email protected];))
Oct 18 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS SEPT-QUARTER CONSOL PAT 2.75 BILLION RUPEES
TEJAS NETWORKS SEPT-QUARTER CONSOL TOTAL REVENUE 28.11 BILLION RUPEES
Further company coverage: TEJS.NS
(([email protected];))
Analog Devices, Tata Group in talks to make semiconductors in India
BENGALURU, Sept 19 (Reuters) - Analog Devices (ADI) ADI.O and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products in India, the U.S. chipmaker said on Wednesday.
Tata Electronics, the electronics-manufacturing arm of the 156-year-old group, is investing a total of $14 billion to build India's first semiconductor fabrication facility in Gujarat state and a chip-assembly and testing facility in the state of Assam.
Construction of the Tata Group's semiconductor plant was greenlit by India earlier this year.
Tata Electronics and ADI intend to explore opportunities to manufacture ADI's products in Tata Electronics' fab in Gujarat and the facility in Assam, Analog Devices said in a statement.
Prime Minister Narendra Modi has been pushing for India to rival global semiconductor powerhouses such as Taiwan, aiming to make the country a chipmaker for the world despite initial setbacks.
Earlier this month, India's western state of Maharashtra said Adani Group and Israel's Tower Semiconductor TSEM.TA would invest $10 billion for a chip project. Infrastructure major Larsen & Toubro's LART.NS semiconductor unit, which designs chips for vehicles, also plans to eventually build a factory.
Under the deal with ADI, Tata will also use the chipmaker's products in Tata Motors' TAMO.NS electric vehicles and Tejas Networks' TEJS.NS telecom infrastructure, the companies said.
The companies did not specify what products would be made in India or what products would be used by Tata.
Global companies including NXP Semiconductors NXPI.O and Micron MU.O have announced plans to invest and establish facilities in the country.
(Reporting by Varun Hebbalalu in Bengaluru; Editing by Eileen Soreng)
(([email protected];))
BENGALURU, Sept 19 (Reuters) - Analog Devices (ADI) ADI.O and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products in India, the U.S. chipmaker said on Wednesday.
Tata Electronics, the electronics-manufacturing arm of the 156-year-old group, is investing a total of $14 billion to build India's first semiconductor fabrication facility in Gujarat state and a chip-assembly and testing facility in the state of Assam.
Construction of the Tata Group's semiconductor plant was greenlit by India earlier this year.
Tata Electronics and ADI intend to explore opportunities to manufacture ADI's products in Tata Electronics' fab in Gujarat and the facility in Assam, Analog Devices said in a statement.
Prime Minister Narendra Modi has been pushing for India to rival global semiconductor powerhouses such as Taiwan, aiming to make the country a chipmaker for the world despite initial setbacks.
Earlier this month, India's western state of Maharashtra said Adani Group and Israel's Tower Semiconductor TSEM.TA would invest $10 billion for a chip project. Infrastructure major Larsen & Toubro's LART.NS semiconductor unit, which designs chips for vehicles, also plans to eventually build a factory.
Under the deal with ADI, Tata will also use the chipmaker's products in Tata Motors' TAMO.NS electric vehicles and Tejas Networks' TEJS.NS telecom infrastructure, the companies said.
The companies did not specify what products would be made in India or what products would be used by Tata.
Global companies including NXP Semiconductors NXPI.O and Micron MU.O have announced plans to invest and establish facilities in the country.
(Reporting by Varun Hebbalalu in Bengaluru; Editing by Eileen Soreng)
(([email protected];))
Tejas Networks Q1 Consol PAT 774.8 Million Rupees
July 19 (Reuters) - Tejas Networks Ltd TEJS.NS:
Q1 CONSOL PAT 774.8 MILLION RUPEES
Q1 CONSOL TOTAL REVENUE FROM OPERATIONS 15.63 BILLION RUPEES
Further company coverage: TEJS.NS
(([email protected];))
July 19 (Reuters) - Tejas Networks Ltd TEJS.NS:
Q1 CONSOL PAT 774.8 MILLION RUPEES
Q1 CONSOL TOTAL REVENUE FROM OPERATIONS 15.63 BILLION RUPEES
Further company coverage: TEJS.NS
(([email protected];))
India's Tejas Networks hits record high after co swings to quarterly profit
** Shares of Tejas Networks TEJS.NS rise as much as 15.4% to a record high of 1,047 rupees
** The wireless telecom products maker reported a consolidated PAT of 1.47 bln rupees ($17.6 mln) vs a loss of 114.7 mln rupees year ago
** Co snaps five consecutive quarterly losses
** Consol rev from ops grew nearly fivefold to 13.27 bln rupees
** More than 4 mln shares change hands, 5.7x its 30-day avg
** Stock has gained 57% so far in April
($1 = 83.3175 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Tejas Networks TEJS.NS rise as much as 15.4% to a record high of 1,047 rupees
** The wireless telecom products maker reported a consolidated PAT of 1.47 bln rupees ($17.6 mln) vs a loss of 114.7 mln rupees year ago
** Co snaps five consecutive quarterly losses
** Consol rev from ops grew nearly fivefold to 13.27 bln rupees
** More than 4 mln shares change hands, 5.7x its 30-day avg
** Stock has gained 57% so far in April
($1 = 83.3175 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Tejas Networks Announces Strategic Partnership With Telecom Egypt
March 26 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS ANNOUNCES STRATEGIC PARTNERSHIP WITH TELECOM EGYPT
PARTNERSHIP TO REPLICATE EXPERIENCE OF IMPLEMENTING BHARATNET, NKN PROJECTS IN EGYPT
Further company coverage: TEJS.NS
(([email protected];))
March 26 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS ANNOUNCES STRATEGIC PARTNERSHIP WITH TELECOM EGYPT
PARTNERSHIP TO REPLICATE EXPERIENCE OF IMPLEMENTING BHARATNET, NKN PROJECTS IN EGYPT
Further company coverage: TEJS.NS
(([email protected];))
Tejas Networks Receives Design-Linked PLI Incentives For Fy23
Feb 15 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS LTD - TEJAS NETWORKS RECEIVES DESIGN-LINKED PLI INCENTIVES FOR FY23
TEJAS NETWORKS LTD - RECEIVED RS 277.8 MILLION RUPEES AS INCENTIVES FOR FISCAL YEAR 2022-'23 UNDER PLI SCHEME
TEJAS NETWORKS LTD - AMOUNT ACCOUNTS FOR 85% OF TOTAL CLAIM FOR FY23
TEJAS NETWORKS LTD - BALANCE 15% IS EXPECTED TO BE RELEASED SUBEQUENTLY
Source text for Eikon: ID:nBSE42wsNf
Further company coverage: TEJS.NS
(([email protected];))
Feb 15 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS LTD - TEJAS NETWORKS RECEIVES DESIGN-LINKED PLI INCENTIVES FOR FY23
TEJAS NETWORKS LTD - RECEIVED RS 277.8 MILLION RUPEES AS INCENTIVES FOR FISCAL YEAR 2022-'23 UNDER PLI SCHEME
TEJAS NETWORKS LTD - AMOUNT ACCOUNTS FOR 85% OF TOTAL CLAIM FOR FY23
TEJAS NETWORKS LTD - BALANCE 15% IS EXPECTED TO BE RELEASED SUBEQUENTLY
Source text for Eikon: ID:nBSE42wsNf
Further company coverage: TEJS.NS
(([email protected];))
Tejas Networks Unit Receives Approval Under Semiconductor Design Linked Incentive Scheme
Feb 14 (Reuters) - Tejas Networks Ltd TEJS.NS:
UNIT SAANKHYA LABS RECEIVES APPROVAL FOR DEVELOPMENT OF A SYSTEM-ON-CHIP FOR 5G TELECOM INFRASTRUCTURE EQUIPMENT
RECEIVES APPROVAL UNDER SEMICONDUCTOR DESIGN LINKED INCENTIVE SCHEME
Source text for Eikon: ID:nBSE6vz198
Further company coverage: TEJS.NS
(([email protected];))
Feb 14 (Reuters) - Tejas Networks Ltd TEJS.NS:
UNIT SAANKHYA LABS RECEIVES APPROVAL FOR DEVELOPMENT OF A SYSTEM-ON-CHIP FOR 5G TELECOM INFRASTRUCTURE EQUIPMENT
RECEIVES APPROVAL UNDER SEMICONDUCTOR DESIGN LINKED INCENTIVE SCHEME
Source text for Eikon: ID:nBSE6vz198
Further company coverage: TEJS.NS
(([email protected];))
Tejas Networks Dec-Quarter Consol Loss After Tax Widens
Jan 19 (Reuters) - Tejas Networks Ltd TEJS.NS:
DEC-QUARTER CONSOL LOSS AFTER TAX 448.7 MILLION RUPEES VERSUS LOSS 151.5 MILLION RUPEES YEAR AGO
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.6 BILLION RUPEES VERSUS 2.75 BILLION RUPEES YEAR AGO
Further company coverage: TEJS.NS
(([email protected];))
Jan 19 (Reuters) - Tejas Networks Ltd TEJS.NS:
DEC-QUARTER CONSOL LOSS AFTER TAX 448.7 MILLION RUPEES VERSUS LOSS 151.5 MILLION RUPEES YEAR AGO
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.6 BILLION RUPEES VERSUS 2.75 BILLION RUPEES YEAR AGO
Further company coverage: TEJS.NS
(([email protected];))
Tejas Networks Gets Tax Order Totaling 48.5 Million Rupees
Jan 5 (Reuters) - Tejas Networks Ltd TEJS.NS:
GETS TAX ORDER TOTALING 48.5 MILLION RUPEES
Source text for Eikon: ID:nBSE7gRCZl
Further company coverage: TEJS.NS
(([email protected];))
Jan 5 (Reuters) - Tejas Networks Ltd TEJS.NS:
GETS TAX ORDER TOTALING 48.5 MILLION RUPEES
Source text for Eikon: ID:nBSE7gRCZl
Further company coverage: TEJS.NS
(([email protected];))
Valiant Communications Gets Orders Worth 60.8 Million Rupees
Oct 26 (Reuters) - Tejas Networks Ltd TEJS.NS:
RECEIVES ORDER FROM TEJAS NETWORKS FOR BHUTAN POWER
TEJAS HAS ISSUED ADDITIONAL ORDERS FOR INDIAN UTILITY MARKET
TOTAL VALUE OF ORDERS IS 60.8 MILLION RUPEES
Source text for Eikon: ID:nBSE5zzZlx
Further company coverage: TEJS.NS
(([email protected];))
Oct 26 (Reuters) - Tejas Networks Ltd TEJS.NS:
RECEIVES ORDER FROM TEJAS NETWORKS FOR BHUTAN POWER
TEJAS HAS ISSUED ADDITIONAL ORDERS FOR INDIAN UTILITY MARKET
TOTAL VALUE OF ORDERS IS 60.8 MILLION RUPEES
Source text for Eikon: ID:nBSE5zzZlx
Further company coverage: TEJS.NS
(([email protected];))
India's Tejas Networks down after Q2 loss widens
** Shares of wireless telecom products maker Tejas Networks TEJS.NS fall as much as 4.4% to 846.05 rupees
** TEJS sees steepest intraday pct loss since Sept. 12
** TEJS on Friday reported its Q2 loss after tax widened to 126.4 mln rupees ($1.52 mln) from 31.6 mln rupees a yr earlier
** Adds CFO Venkatesh Gadiyar resigns and co appoint Sumit Dhingra in place
** Stock last down 4%, trimming YTD gains to 47%
($1 = 83.1400 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
** Shares of wireless telecom products maker Tejas Networks TEJS.NS fall as much as 4.4% to 846.05 rupees
** TEJS sees steepest intraday pct loss since Sept. 12
** TEJS on Friday reported its Q2 loss after tax widened to 126.4 mln rupees ($1.52 mln) from 31.6 mln rupees a yr earlier
** Adds CFO Venkatesh Gadiyar resigns and co appoint Sumit Dhingra in place
** Stock last down 4%, trimming YTD gains to 47%
($1 = 83.1400 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
Tejas Networks Says Venkatesh Gadiyar Resigns As Chief Financial Officer
Oct 20 (Reuters) - Tejas Networks Ltd TEJS.NS:
RESIGNATION OF VENKATESH GADIYAR AS CHIEF FINANCIAL OFFICER
APPOINTMENT OF SUMIT DHINGRA AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE3H2fFw
Further company coverage: TEJS.NS
(([email protected];))
Oct 20 (Reuters) - Tejas Networks Ltd TEJS.NS:
RESIGNATION OF VENKATESH GADIYAR AS CHIEF FINANCIAL OFFICER
APPOINTMENT OF SUMIT DHINGRA AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE3H2fFw
Further company coverage: TEJS.NS
(([email protected];))
Tejas Networks Gets Purchase Order From TCS For 1.08 Bln Rupees
Oct 19 (Reuters) - Tejas Networks Ltd TEJS.NS:
GETS PURCHASE ORDER FROM TATA CONSULTANCY SERVICES FOR 1.08 BILLION RUPEES
Source text for Eikon: ID:nBSE9dxFvz
Further company coverage: TEJS.NS
(([email protected];))
Oct 19 (Reuters) - Tejas Networks Ltd TEJS.NS:
GETS PURCHASE ORDER FROM TATA CONSULTANCY SERVICES FOR 1.08 BILLION RUPEES
Source text for Eikon: ID:nBSE9dxFvz
Further company coverage: TEJS.NS
(([email protected];))
India's Tejas Networks hits record high on partnership with FibreConnect
** Shares of communications and networking co Tejas Networks TEJS.NS rise 7.3% to a record high of 940 rupees
** Co on late Tuesday said it entered into a partnership with FibreConnect to launch an end-to-end optical network in Italy
** FibreConnect is a data processing and hosting services provider based out of Italy
** More than 1.7 mln shares traded by 11.41 a.m. IST, nearly 3x their 30-day avg
** As of last close, TEJS up ~52% this year
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected]; +91 6001289066;))
** Shares of communications and networking co Tejas Networks TEJS.NS rise 7.3% to a record high of 940 rupees
** Co on late Tuesday said it entered into a partnership with FibreConnect to launch an end-to-end optical network in Italy
** FibreConnect is a data processing and hosting services provider based out of Italy
** More than 1.7 mln shares traded by 11.41 a.m. IST, nearly 3x their 30-day avg
** As of last close, TEJS up ~52% this year
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected]; +91 6001289066;))
Tejas Networks Says Fibreconnect Partners With Co To Deploy An End-To-End Optical Network In Italy
Oct 17 (Reuters) - Tejas Networks Ltd TEJS.NS:
FIBRECONNECT PARTNERS WITH CO TO DEPLOY AN END-TO-END OPTICAL NETWORK IN ITALY
Source text for Eikon: ID:nBSEbs2PZP
Further company coverage: TEJS.NS
(([email protected];))
Oct 17 (Reuters) - Tejas Networks Ltd TEJS.NS:
FIBRECONNECT PARTNERS WITH CO TO DEPLOY AN END-TO-END OPTICAL NETWORK IN ITALY
Source text for Eikon: ID:nBSEbs2PZP
Further company coverage: TEJS.NS
(([email protected];))
India's Tejas Networks at record high on TCS advance for supply deal
** Tejas Networks' shares TEJS.NS gain 4.7% to a record high of 934.9 rupees
** Co says it got mobilisation advance of 7.50 bln rupees (~$90 mln) from TCS TCS.NS to supply RAN equipment for BSNL's pan-India 4G/5G network
** Trading vol by 10:10 a.m. IST closing in on 30-day moving avg
** Stock last up 1.7%, bumping YTD gains to about 57%
($1 = 83.1710 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
** Tejas Networks' shares TEJS.NS gain 4.7% to a record high of 934.9 rupees
** Co says it got mobilisation advance of 7.50 bln rupees (~$90 mln) from TCS TCS.NS to supply RAN equipment for BSNL's pan-India 4G/5G network
** Trading vol by 10:10 a.m. IST closing in on 30-day moving avg
** Stock last up 1.7%, bumping YTD gains to about 57%
($1 = 83.1710 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
Tejas Networks Says Got Mobilization Advance Of 7.50 Bln Rupees From Tata Consultancy Services
Sept 7 (Reuters) - Tejas Networks Ltd TEJS.NS:
GOT MOBILIZATION ADVANCE OF 7.50 BILLION RUPEES FROM TATA CONSULTANCY SERVICES
MOBILIZATION ADVANCE TOWARDS SUPPLY OF RADIO ACCESS NETWORK EQUIPMENT FOR BSNL’S PAN-INDIA 4G/5G NETWORK
Source text for Eikon: ID:nBSEb0PXmp
Further company coverage: TEJS.NS
(([email protected];;))
Sept 7 (Reuters) - Tejas Networks Ltd TEJS.NS:
GOT MOBILIZATION ADVANCE OF 7.50 BILLION RUPEES FROM TATA CONSULTANCY SERVICES
MOBILIZATION ADVANCE TOWARDS SUPPLY OF RADIO ACCESS NETWORK EQUIPMENT FOR BSNL’S PAN-INDIA 4G/5G NETWORK
Source text for Eikon: ID:nBSEb0PXmp
Further company coverage: TEJS.NS
(([email protected];;))
India's Tejas Networks up on executing contact with TCS
** Shares of Tejas Networks TEJS.NS up as much as 7% to 869.95 rupees
** Telecom and data networking products firm says it has executed master contract with IT firm TCS TCS.NS
** This is part of $1.83 bln order TCS received from BSNL to deploy a 4G network across India
** TEJS received 74.92 bln rupees ($899.8 mln) order from TCS as part of the agreement
** Over 418,000 shares change hands by 09:23 a.m. IST, 0.3x the 30-day moving avg
** As of last close, stock up ~41% so far this year
($1 = 83.2660 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Tejas Networks TEJS.NS up as much as 7% to 869.95 rupees
** Telecom and data networking products firm says it has executed master contract with IT firm TCS TCS.NS
** This is part of $1.83 bln order TCS received from BSNL to deploy a 4G network across India
** TEJS received 74.92 bln rupees ($899.8 mln) order from TCS as part of the agreement
** Over 418,000 shares change hands by 09:23 a.m. IST, 0.3x the 30-day moving avg
** As of last close, stock up ~41% so far this year
($1 = 83.2660 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
India's Tejas Networks falls after quarterly net loss widens
** Shares of Tejas Networks TEJS.NS fall as much as 8.08%, biggest intraday pct loss in seven months, to 777 rupees
** Slide after the telecom and data networking products firm reports widening of net loss in June quarter to 262.9 mln rupees ($3.21 mln) from a loss of 66.4 mln rupees year-on-year
** Operating loss also widens to 462.7 mln rupees compared to a loss of 73.2 mln rupees a year ago
** Trading volume is 1.4 mln shares as of 10:24 a.m. IST, 1.2x the 30-day avg - Refinitiv data
** Stock up 41% in 2023 so far, compared to 9.09% rise in Nifty 50 index .NSEI
($1 = 81.9930 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Tejas Networks TEJS.NS fall as much as 8.08%, biggest intraday pct loss in seven months, to 777 rupees
** Slide after the telecom and data networking products firm reports widening of net loss in June quarter to 262.9 mln rupees ($3.21 mln) from a loss of 66.4 mln rupees year-on-year
** Operating loss also widens to 462.7 mln rupees compared to a loss of 73.2 mln rupees a year ago
** Trading volume is 1.4 mln shares as of 10:24 a.m. IST, 1.2x the 30-day avg - Refinitiv data
** Stock up 41% in 2023 so far, compared to 9.09% rise in Nifty 50 index .NSEI
($1 = 81.9930 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
Tejas Networks June-Quarter Consol Loss Widens
July 21 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS LTD JUNE-QUARTER CONSOL LOSS AFTER TAX 262.9 MILLION RUPEES VERSUS LOSS 66.4 MILLION RUPEES
TEJAS NETWORKS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.88 BILLION RUPEES VERSUS 1.26 BILLION RUPEES
Source text for Eikon: ID:nBSEb2KxxH
Further company coverage: TEJS.NS
(([email protected];))
July 21 (Reuters) - Tejas Networks Ltd TEJS.NS:
TEJAS NETWORKS LTD JUNE-QUARTER CONSOL LOSS AFTER TAX 262.9 MILLION RUPEES VERSUS LOSS 66.4 MILLION RUPEES
TEJAS NETWORKS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.88 BILLION RUPEES VERSUS 1.26 BILLION RUPEES
Source text for Eikon: ID:nBSEb2KxxH
Further company coverage: TEJS.NS
(([email protected];))
India's Tejas Networks hits record high
** Shares of communications equipment provider Tejas Networks TEJS.NS rise as much as 7.3% to 880 rupees, a record high
** Stock marks its highest level since listing in 2017; on track to gain for a second session if trends hold
** TEJS logs most active week of trading since Sept 2, 2022
** Share price well above 50-day, 100-day and 200-day simple moving averages, suggesting bullish trend
** More than 4 million shares change hands by 11:03 a.m. IST, 5x of 30-day avg
** Stock gained 41.8% YTD, as of last close
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected]; +91 6001289066;))
** Shares of communications equipment provider Tejas Networks TEJS.NS rise as much as 7.3% to 880 rupees, a record high
** Stock marks its highest level since listing in 2017; on track to gain for a second session if trends hold
** TEJS logs most active week of trading since Sept 2, 2022
** Share price well above 50-day, 100-day and 200-day simple moving averages, suggesting bullish trend
** More than 4 million shares change hands by 11:03 a.m. IST, 5x of 30-day avg
** Stock gained 41.8% YTD, as of last close
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected]; +91 6001289066;))
Tejas Networks Deploys Ultra Converged Broadband Solution For Tata Tele Business Services
June 12 (Reuters) - Tejas Networks Ltd TEJS.NS:
DEPLOYS ULTRA CONVERGED BROADBAND SOLUTION FOR TATA TELE BUSINESS SERVICES
Source text for Eikon: ID:nBSE87cMvx
Further company coverage: TEJS.NS
(([email protected];;))
June 12 (Reuters) - Tejas Networks Ltd TEJS.NS:
DEPLOYS ULTRA CONVERGED BROADBAND SOLUTION FOR TATA TELE BUSINESS SERVICES
Source text for Eikon: ID:nBSE87cMvx
Further company coverage: TEJS.NS
(([email protected];;))
Tejas Networks Says Co A Part Of TCS-Led Consortium That Bid For BSNL Pan-India 4G Project
May 22 (Reuters) - Bharat Sanchar Nigam Ltd BSNL.NS:
CO A PART OF TCS-LED CONSORTIUM THAT BID FOR BSNL PAN-INDIA 4G PROJECT
CO WILL SUPPLY AND SERVICE RADIO ACCESS NETWORKS EQUIPMENT
Source text for Eikon: ID:nBSEBqnKs
Further company coverage: BSNL.NS
(([email protected];))
May 22 (Reuters) - Bharat Sanchar Nigam Ltd BSNL.NS:
CO A PART OF TCS-LED CONSORTIUM THAT BID FOR BSNL PAN-INDIA 4G PROJECT
CO WILL SUPPLY AND SERVICE RADIO ACCESS NETWORKS EQUIPMENT
Source text for Eikon: ID:nBSEBqnKs
Further company coverage: BSNL.NS
(([email protected];))
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What does Tejas Networks do?
Tejas Networks Limited designs and sells high-performance communication products for global network operators enabling efficient transmission of voice, data, and video traffic over optical fiber networks.
Who are the competitors of Tejas Networks?
Tejas Networks major competitors are HFCL, Black Box, Avantel, NELCO, GTL Infrastructure, D-Link (India), ADC India Communicat. Market Cap of Tejas Networks is ₹15,113 Crs. While the median market cap of its peers are ₹2,071 Crs.
Is Tejas Networks financially stable compared to its competitors?
Tejas Networks seems to be less financially stable compared to its competitors. Altman Z score of Tejas Networks is 2.9 and is ranked 7 out of its 8 competitors.
Does Tejas Networks pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Tejas Networks latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Tejas Networks allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Tejas Networks balance sheet?
Balance sheet of Tejas Networks is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Tejas Networks improving?
Yes, profit is increasing. The profit of Tejas Networks is ₹665 Crs for TTM, ₹62.98 Crs for Mar 2024 and -₹36.41 Crs for Mar 2023.
Is the debt of Tejas Networks increasing or decreasing?
Yes, The debt of Tejas Networks is increasing. Latest debt of Tejas Networks is ₹2,641 Crs as of Sep-24. This is greater than Mar-24 when it was ₹1,140 Crs.
Is Tejas Networks stock expensive?
Tejas Networks is not expensive. Latest PE of Tejas Networks is 22.72, while 3 year average PE is 54.82. Also latest EV/EBITDA of Tejas Networks is 12.3 while 3yr average is 86.29.
Has the share price of Tejas Networks grown faster than its competition?
Tejas Networks has given lower returns compared to its competitors. Tejas Networks has grown at ~14.18% over the last 7yrs while peers have grown at a median rate of 25.0%
Is the promoter bullish about Tejas Networks?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Tejas Networks is 53.83% and last quarter promoter holding is 54.01%
Are mutual funds buying/selling Tejas Networks?
The mutual fund holding of Tejas Networks is decreasing. The current mutual fund holding in Tejas Networks is 4.3% while previous quarter holding is 4.36%.