Tejas Networks Share Price Jump 9% 

Tejas Networks Ltd (NSE: TEJASNET) surged 10.01% to ₹408.20 in trade as of 10:15 am IST February 27, 2026, compared with its previous close of ₹371.05. The sharp move followed a regulatory disclosure confirming a new 5G equipment supply agreement.

The stock opened at ₹387.80 and touched a high of ₹410.00 so far, reflecting strong buying interest after the company informed exchanges of a contract win related to 5G Massive MIMO radios.

Why Tejas Networks Share Price Moved

The rally came after Tejas Networks, in a press release dated February 26, 2026 and filed with both exchanges, announced that it had signed an agreement with NEC Corporation to manufacture and supply 5G Massive MIMO radios.

According to the company’s statement, the partnership covers manufacturing and supply of 5G Massive MIMO radio products, aimed at global telecom operators. Management commentary in the release indicated that the collaboration is intended to strengthen wireless innovation and support supply-chain diversification.

The development appears to have acted as the immediate trigger for the price move, particularly as the company has been positioning itself as a domestic supplier of advanced 4G and 5G radio access network (RAN) equipment.

Tejas Networks Stock Performance Snapshot

As of 10:15 am IST on February 27, 2026, Tejas Networks share price was trading at ₹408.20, up 10.01% on the day. The stock’s high stood at ₹410.00 so far, and the low is ₹387.80 so far

Market capitalisation was approximately ₹7,110 crore at prevailing levels. The 52-week high and low were ₹914.40 and ₹294.00, respectively, as per exchange data.

What this Means for Investors

The confirmed agreement with NEC Corporation signals potential expansion in Tejas Networks’ 5G product deployment pipeline. While the company did not disclose the financial size of the contract in the filing, the tie-up may strengthen its positioning in global 5G radio markets.

Investors may monitor subsequent disclosures for order value, execution timelines, and revenue contribution. Any clarity on margin profile or volume commitments could provide further direction on medium-term earnings visibility.

About Tejas Networks

Tejas Networks Ltd (BSE: 540595; NSE: TEJASNET) designs and manufactures wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities across more than 75 countries.

The company offers 4G and 5G radio access network (RAN) solutions, including high-capacity 32TR and 64TR Massive MIMO radios compliant with 3GPP and O-RAN standards. Tejas Networks is part of the Tata Group, with Panatone Finvest Ltd, a subsidiary of Tata Sons Pvt Ltd, as the majority shareholder.

Conclusion

Tejas Networks’ 10% rise on February 27, 2026 so far followed its exchange filing confirming a 5G Massive MIMO radio supply agreement with NEC Corporation. The stock traded above ₹408 in morning trade, with buying interest emerging after the disclosure.

Further investor focus is likely to remain on detailed financial implications of the contract, as and when communicated through regulatory filings, alongside execution progress and order visibility in the 5G segment.

Source:

• https://nsearchives.nseindia.com/corporate/TEJASNET_26022026085448_PR_NEC_F.pdf
• https://www.nseindia.com/get-quote/equity/TEJASNET/Tejas-Networks-Limited