Tejas Networks Signs Contract With NEC, Share Price Jump 8.35%

Tejas Networks Ltd shares rose 8.35% to ₹344.35 as of 11:04 AM IST, compared with the previous close of ₹317.80. The stock gained ₹26.55 so far after the company disclosed a new international contract win through an exchange filing.

The move followed a regulatory disclosure dated 26 February 2026 confirming that the company had signed an agreement with NEC Corporation to manufacture and supply 5G Massive MIMO radios.

Why The Share Price Moved

Tejas Networks informed the exchanges that it had signed an agreement with NEC Corporation to manufacture and supply 5G Massive MIMO radios. The announcement was made through a press release submitted to the National Stock Exchange of India Ltd and BSE Limited.

According to the filing, the collaboration focuses on 5G massive MIMO radio solutions compliant with 3GPP and O-RAN standards. Management commentary from NEC and Tejas Networks indicated that the partnership aims to support global telecom operators and strengthen supply-chain diversification.

The stock had closed at ₹317.80 in the previous session. The confirmed contract announcement appears to have triggered fresh buying interest in the counter during early trade on 26 February 2026.

Stock Performance Snapshot

As of 11:04 AM IST on 26 February 2026, Tejas Networks shares were trading at ₹344.35, up 8.35% from the previous close.

The stock opened at ₹323.55 and touched a high of ₹348.95 and a low of ₹323.55 so far in the session. The 52-week high stands at ₹914.40, while the 52-week low is ₹294.00, as per exchange data.

What This Means For Investors

The agreement with NEC Corporation relates to the manufacture and supply of 5G Massive MIMO radios, a segment linked to 5G network deployments globally. As per the company’s disclosure, the partnership may support its international business expansion and product portfolio in advanced radio access network solutions.

Management statements referenced continued collaboration in 5G and 5G-Advanced technologies for global telecom markets. Revenue visibility and execution timelines would depend on order flows and deployment schedules, which were not quantified in the disclosure.

Investors may track further exchange updates for details on order value, execution milestones, and financial impact once disclosed.

About the Company

Tejas Networks Ltd (NSE: TEJASNET; BSE: 540595) is a telecom equipment manufacturer focused on 4G and 5G radio access network (RAN) products. Its portfolio includes high-capacity 32TR and 64TR Massive MIMO radios designed to comply with global 3GPP and O-RAN standards.

Headquartered in Bengaluru, the company supplies telecom infrastructure equipment to service providers in domestic and international markets.

Conclusion

Tejas Networks shares advanced 8.35% to ₹344.35 in trade on 26 February 2026 so far after the company disclosed an agreement with NEC Corporation to manufacture and supply 5G Massive MIMO radios. The exchange filing confirmed the strategic collaboration but did not quantify the financial impact. Market reaction reflected the immediate response to the contract announcement, while further clarity may emerge through subsequent regulatory updates.

Source:

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