Tejas Networks Share Price Surge 17.50% To Close At ₹436 After NEC Deal 

Tejas Networks Ltd (NSE: TEJASNET) closed 17.50% higher at ₹436.00 on February 27, 2026, up ₹64.95 from its previous close of ₹371.05. The sharp rally followed the company’s exchange disclosure of a 5G Massive MIMO radio supply agreement with NEC Corporation.

The stock had opened at ₹387.80 and gained momentum through the session, reflecting sustained buying interest after the contract announcement dated February 26, 2026.

Why The Share Price Moved

In a regulatory filing and accompanying press release submitted to both the National Stock Exchange of India Ltd and BSE Ltd, Tejas Networks announced that it had signed an agreement with NEC Corporation to manufacture and supply 5G Massive MIMO radios.

The company stated that the collaboration is aimed at supporting global telecom operators and strengthening supply-chain diversification. Senior executives from both companies, as quoted in the press release, highlighted the partnership’s focus on accelerating 5G innovation and expanding international market presence.

The confirmed contract win appears to have acted as the primary trigger for the day’s sharp price appreciation.

Stock Performance Snapshot

At the close of trade on February 27, 2026, Tejas Networks settled at ₹436.00, up 17.50% for the day. The stock touched an intraday high of ₹442.70 and a low of ₹387.80.

Market capitalisation stood at approximately ₹7,590 crore at the closing price. The 52-week high and low were ₹914.40 and ₹294.00, respectively, as per exchange data.

What This Means For Investors

The agreement with NEC Corporation marks a confirmed addition to Tejas Networks’ 5G product order pipeline. However, the company did not disclose the financial value of the contract in its filing.

Investors may monitor future regulatory disclosures for clarity on order size, execution timelines, and revenue contribution. Any incremental visibility on margins or export volumes could influence earnings trajectory, subject to formal disclosures.

Broader Market And Sectoral Context

The stock’s 17.50% gain placed it among the prominent gainers in the telecom equipment segment during the session. The move came amid ongoing industry focus on domestic 5G manufacturing capabilities and export-linked opportunities.

Benchmark index performance and sectoral trends indicated selective buying in telecom and technology-linked counters during the trading session.

About The Company

Tejas Networks Ltd (BSE: 540595; NSE: TEJASNET) designs and manufactures high-performance 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 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 ended February 27, 2026 with a 17.50% rise at ₹436.00 after formally disclosing a 5G Massive MIMO radio supply agreement with NEC Corporation. The stock gained steadily through the session following the contract announcement.

Further clarity on the financial scope and execution details of the agreement, as and when disclosed through regulatory filings, will remain a key factor for investors tracking developments in the company’s 5G business segment.

Source: https://www.nseindia.com/get-quote/equity/TEJASNET/Tejas-Networks-Limited