Tejas Networks share up by more than 6% today

Mumbai, August 21, 2025 — At 3:15 p.m. 21^st August 2025, Tejas Networks share price is up by 6.54%. Nifty 50 index is up by 0.13%. The stock is up by 11.45% in the past 5 days. Year-to-date the stock price is down by 47.82% in 2025. This shows that the current buying rally may be due to lower multiples at which the stock has been trading recently.

With a market capitalization of ₹10,970 crore, the company is currently valued at a P/E ratio of 63.01 and offers a dividend yield of 0.40%. Over the past year, Tejas Networks has seen its stock swing between a 52-week high of ₹1,459.90 and a low of ₹542.25, while maintaining a quarterly dividend payout of ₹0.62 per share.

Recovery from Q1 Setback: Shares of Tejas Networks had crashed almost 10% in mid-July following the company posting a net loss of ₹194 crore during Q1 FY26, a steep contrast from the ₹77 crore profit during the same quarter last fiscal.

The current bounce of the stock is most likely due to a mix of bargain hunting and stabilization of investor sentiment.

The Indian government recently encouraged private telecom players to prefer locally made networking equipment in order to enhance national security and resiliency in the face of rising geopolitical tensions. As a major Indian vendor, Tejas Networks is poised to gain from the drive.

In July, BSNL 4G rollout delays—due to lethargy at TCS—had impacted Tejas’s shares as it is a lead equipment vendor for the project.

Indications of project timelines returning to normal may be keeping sentiment firm.

Although today’s rebound, the stock is still well below its highs—posing potential upside if demand picks up.

Local gear preference by the government may mean substantial order inflows for Tejas Networks.

Rebound follows from brutal results and project delays—some investors might wait for affirmation through Q2 results or discernible pick-up in deal flow before returning.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE