Tejas Networks Wins South Asia 4G Network Order; Shares Rise 5.28%

Mumbai, March 16: Tejas Networks announced that it has received a purchase order to supply its 4G radio access network solutions for a mobile operator in South Asia, according to a press release submitted to stock exchanges on March 16, 2026.

The company said its multiband 4G radio products will be deployed across multiple sites within the operator’s network as part of the expansion programme.

According to the release, the deployment involves Tejas’ 4G RAN technology designed for scalable wireless infrastructure, supporting telecom operators seeking to expand network coverage and capacity.

Company executives said the development marks progress in expanding the firm’s international wireless business and strengthening its presence in overseas telecom markets.

Shares Rise Following Order Announcement

Tejas Networks shares moved higher after the order announcement, reflecting investor reaction to the company’s expanding international order book.

As of 9:15 IST on March 16, 2026, the Tejas Networks share price was trading at ₹446.85, up ₹12.50 or 5.28% compared with the previous close of ₹424.45, according to exchange data.

During the session, the stock traded between ₹435.20 and ₹448.70. The share opened at ₹441.65 as market participants responded to the company’s latest contract win in South Asia.

Investors have closely tracked the company’s wireless equipment business as it pursues telecom infrastructure opportunities across global markets.

Company Background

Tejas Networks designs and manufactures wireline and wireless networking equipment used by telecom service providers, internet service providers, utilities and government networks.

The company offers a portfolio of wireless products including 4G and 5G radio access network equipment and converged mobility solutions designed for multi band and multi mode deployments.

Tejas Networks’ solutions support broadband connectivity and telecom infrastructure deployments across multiple international markets.

The company is part of the Tata Group, with Panatone Finvest Limited, a subsidiary of Tata Sons Pvt Ltd, serving as the majority shareholder.

Conclusion

The latest order highlights Tejas Networks’ ongoing strategy to expand its international wireless customer base and strengthen its role as a telecom infrastructure technology supplier.

Such contracts add to the company’s global deployment portfolio and reinforce its position in the evolving 4G and 5G network equipment market, as indicated in the company’s exchange disclosure.

Source: https://nsearchives.nseindia.com/corporate/TEJASNET_16032026084207_PR_4Gransd.pdf