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Tejas Networks announced that it has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.
Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks said, “Our partnership with NEC will accelerate wireless innovation by leveraging our respective expertise in carrier-class product development for global telcos. We will continue to work closely with NEC to co-create leading-edge 5G/5G-Advanced solutions that meet the evolving needs of customers worldwide.”
Masayuki Kayahara, Corporate Senior Vice President of Global Network Division at NEC Corporation said, “Today’s milestone furthers our collaboration with Tejas Networks for 5G massive MIMO radio and to achieve supply-chain diversification which helps in mitigating risks to our customers by building a resilient, flexible globalized ecosystem.”
Sanjay Malik, Chief Strategy and Business Officer of Tejas Networks said, “We are delighted to win this deal in partnership with NEC as we expand our business internationally. We are looking forward to building on this momentum and replicate this success in other 4G/5G mobile networks across emerging and established markets.”
Tejas Networks designs and manufactures wireline and wireless networking products, with a focus on technology, innovation, and R&D. TNL carrier-class products are used by telecom service providers, utilities, governments, and defense networks in 75+ countries. Tejas Networks is a part of the Tata Group, with Panatone Finvest (a subsidiary of Tata Sons) being the majority shareholder.
The company reported a consolidated net loss of Rs 196.55 crore in Q3 FY26, compared with a net profit of Rs 165.67 crore recorded in Q3 FY25. Total revenue from operations plunged 88.38% to Rs 306.79 crore in Q3 FY26, down from Rs 2,642.24 crore recorded in the corresponding quarter of the previous year.
Tejas Networks Ltd, KSB Ltd, Balu Forge Industries Ltd and SpiceJet Ltd are among the other gainers in the BSE's 'A' group today, 26 February 2026.
Sanofi Consumer Healthcare India Ltd soared 15.09% to Rs 4610.15 at 11:45 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 51089 shares were traded on the counter so far as against the average daily volumes of 1121 shares in the past one month.
Tejas Networks Ltd spiked 12.13% to Rs 356.45. The stock was the second biggest gainer in 'A' group. On the BSE, 24.86 lakh shares were traded on the counter so far as against the average daily volumes of 2.69 lakh shares in the past one month.
KSB Ltd surged 10.42% to Rs 793.3. The stock was the third biggest gainer in 'A' group. On the BSE, 6.03 lakh shares were traded on the counter so far as against the average daily volumes of 3939 shares in the past one month.
Balu Forge Industries Ltd exploded 10.00% to Rs 490.75. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.93 lakh shares were traded on the counter so far as against the average daily volumes of 1.1 lakh shares in the past one month.
SpiceJet Ltd advanced 8.63% to Rs 15.73. The stock was the fifth biggest gainer in 'A' group. On the BSE, 432.79 lakh shares were traded on the counter so far as against the average daily volumes of 276.35 lakh shares in the past one month.
Eternal Ltd, Tejas Networks Ltd, EID Parry (India) Ltd, Angel One Ltd are among the other stocks to see a surge in volumes on BSE today, 26 February 2026.
Balkrishna Industries Ltd recorded volume of 3.05 lakh shares by 10:45 IST on BSE, a 43.86 times surge over two-week average daily volume of 6964 shares. The stock lost 2.25% to Rs.2,459.00. Volumes stood at 3083 shares in the last session.
Eternal Ltd registered volume of 1035.22 lakh shares by 10:45 IST on BSE, a 29.48 fold spurt over two-week average daily volume of 35.11 lakh shares. The stock rose 1.50% to Rs.254.00. Volumes stood at 18.8 lakh shares in the last session.
Tejas Networks Ltd recorded volume of 15.01 lakh shares by 10:45 IST on BSE, a 25.83 times surge over two-week average daily volume of 58097 shares. The stock gained 8.41% to Rs.344.65. Volumes stood at 62279 shares in the last session.
EID Parry (India) Ltd registered volume of 1.88 lakh shares by 10:45 IST on BSE, a 18.95 fold spurt over two-week average daily volume of 9897 shares. The stock rose 0.61% to Rs.871.00. Volumes stood at 3062 shares in the last session.
Angel One Ltd recorded volume of 3.95 lakh shares by 10:45 IST on BSE, a 12.53 times surge over two-week average daily volume of 31529 shares. The stock lost 1.93% to Rs.244.30. Volumes stood at 34619 shares in the last session.
Tejas Networks Ltd, Home First Finance Company India Ltd, Cholamandalam Investment & Finance Company Ltd, Maharashtra Seamless Ltd are among the other stocks to see a surge in volumes on NSE today, 26 February 2026.
KSB Ltd clocked volume of 132.59 lakh shares by 14:14 IST on NSE, a 179.08 times surge over two-week average daily volume of 74039 shares. The stock gained 8.56% to Rs.778.50. Volumes stood at 2.29 lakh shares in the last session.
Tejas Networks Ltd registered volume of 493.21 lakh shares by 14:14 IST on NSE, a 59.93 fold spurt over two-week average daily volume of 8.23 lakh shares. The stock rose 13.44% to Rs.360.50. Volumes stood at 6.05 lakh shares in the last session.
Home First Finance Company India Ltd witnessed volume of 67.92 lakh shares by 14:14 IST on NSE, a 46.22 times surge over two-week average daily volume of 1.47 lakh shares. The stock dropped 5.25% to Rs.1,182.30. Volumes stood at 3.89 lakh shares in the last session.
Cholamandalam Investment & Finance Company Ltd registered volume of 85.7 lakh shares by 14:14 IST on NSE, a 8.42 fold spurt over two-week average daily volume of 10.18 lakh shares. The stock slipped 1.13% to Rs.1,734.60. Volumes stood at 7.79 lakh shares in the last session.
Maharashtra Seamless Ltd witnessed volume of 6.72 lakh shares by 14:14 IST on NSE, a 7.74 times surge over two-week average daily volume of 86793 shares. The stock increased 4.75% to Rs.570.55. Volumes stood at 1.2 lakh shares in the last session.
Tejas Networks Ltd, Oil India Ltd, Bikaji Foods International Ltd, Oil & Natural Gas Corpn Ltd are among the other stocks to see a surge in volumes on NSE today, 28 January 2026.
International Gemmological Institute (India) Ltd clocked volume of 79.67 lakh shares by 14:14 IST on NSE, a 19.58 times surge over two-week average daily volume of 4.07 lakh shares. The stock gained 9.42% to Rs.318.40. Volumes stood at 5.13 lakh shares in the last session.
Tejas Networks Ltd witnessed volume of 233.1 lakh shares by 14:14 IST on NSE, a 10.59 times surge over two-week average daily volume of 22.01 lakh shares. The stock increased 13.17% to Rs.335.15. Volumes stood at 24.87 lakh shares in the last session.
Oil India Ltd witnessed volume of 239.03 lakh shares by 14:14 IST on NSE, a 10.05 times surge over two-week average daily volume of 23.79 lakh shares. The stock increased 9.81% to Rs.492.55. Volumes stood at 30.43 lakh shares in the last session.
Bikaji Foods International Ltd witnessed volume of 9.74 lakh shares by 14:14 IST on NSE, a 6.54 times surge over two-week average daily volume of 1.49 lakh shares. The stock increased 2.56% to Rs.664.05. Volumes stood at 1.41 lakh shares in the last session.
Oil & Natural Gas Corpn Ltd recorded volume of 631.47 lakh shares by 14:14 IST on NSE, a 6.35 times surge over two-week average daily volume of 99.42 lakh shares. The stock gained 7.34% to Rs.266.15. Volumes stood at 159.16 lakh shares in the last session.
Tejas Networks Ltd rose 4.22% today to trade at Rs 308.95. The BSE Telecommunication index is up 0.55% to quote at 2875.43. The index is down 8.6 % over last one month. Among the other constituents of the index, ADC India Communications Ltd increased 3.28% and ITI Ltd added 2.13% on the day. The BSE Telecommunication index went up 6.52 % over last one year compared to the 7.89% surge in benchmark SENSEX.
Tejas Networks Ltd has lost 32.21% over last one month compared to 8.6% fall in BSE Telecommunication index and 3.31% drop in the SENSEX. On the BSE, 7554 shares were traded in the counter so far compared with average daily volumes of 2 lakh shares in the past one month. The stock hit a record high of Rs 973.9 on 27 Jan 2025. The stock hit a 52-week low of Rs 294.1 on 27 Jan 2026.
On 9 January 2026, Tejas Networks reported a sharp deterioration in its quarterly performance, posting a consolidated net loss of Rs 196.55 crore in Q3 FY26, compared with a net profit of Rs 165.67 crore in Q3 FY25. Revenue from operations plunged 88.38% year-on-year to Rs 306.79 crore, down from Rs 2,642.24 crore in the corresponding quarter last year.
Pre-tax loss for the quarter widened to Rs 302.87 crore, against a profit before tax of Rs 211.27 crore a year ago. On the balance sheet front, net debt declined to Rs 3,349 crore from Rs 3,738 crore in the previous quarter, largely due to lower working capital requirements, though partly offset by capital expenditure. Gross debt stood at Rs 885 crore, while cash and cash equivalents were Rs 537 crore.
Tejas Networks designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest (a subsidiary of Tata Sons) being the majority shareholder.
The company’s total revenue from operations plunged 88.38% to Rs 306.79 crore in Q3 FY26, down from Rs 2,642.24 crore recorded in the corresponding quarter of the previous year.
Pre-tax loss for the quarter stood at Rs 302.87 crore in Q3 FY26, compared to a profit before tax of Rs 211.27 crore in Q3 FY25.
The company’s inventory stood at Rs 2,363 crore in Q3 FY26, largely unchanged from Rs 2,383 crore in the previous quarter. Management said the inventory will be converted into finished goods and shipped over the coming months.
Trade receivables declined to Rs 3,284 crore at the end of Q3 FY26 from Rs 4,026 crore in Q2, reflecting improved collections. The company reported a cash balance of Rs 537 crore at the end of the quarter.
Net debt reduced to Rs 3,349 crore in Q3 FY26 from Rs 3,738 crore in the preceding quarter, primarily due to lower working capital requirements, partially offset by capital expenditure. Gross debt stood at Rs 885 crore, with cash and cash equivalents of Rs 537 crore.
During the quarter, the company strengthened its order wins by securing additional packages under Bharatnet Phase-III, where it remains a key supplier of IP/MPLS routers, having won 7 of the 12 packages announced so far. It was also selected as the 5G RAN supplier for a section of the Delhi–Mumbai railway corridor under a Kavach pilot project. Further, the company received expansion orders for DWDM and GPON OLT equipment from leading private telecom operators in India, and won a DWDM backbone buildout order from a broadband ISP in Africa, along with a network transformation deal for its MPLS-TP products for a power sector customer in Southeast Asia.
The company said its long-term outlook remains positive, supported by strong structural drivers and rapid technology transitions across the telecom and networking landscape. Growing adoption of AI applications is driving a sharp increase in data traffic, while continued expansion of 4G networks and fresh 5G deployments in emerging markets are creating sustained demand. Investments in AI data centres are also translating into significant connectivity requirements.
The company is seeing increasing traction for its new products across India and international markets, with wireless solutions beginning to lead international engagements in regions such as Europe, Latin America and Africa. At the same time, adoption of its wireline products is rising among private telecom operators in India. The company is also scaling up its international wireless engagements through strategic partnerships with NEC and Rakuten, while recent strategic wins for its optical products in Europe, Africa and Asia are providing momentum for further international expansion.
Arnob Roy, COO of Tejas Networks said, “In Q3 FY26, our revenue was driven largely by sale of Wireline products to India Pvt and International customers. During the quarter we engaged in multiple field trials for our Wireless products in India and International markets; commercial negotiations are expected to close in the coming months.”
Sumit Dhingra, CFO said, “In Q3 FY26 we had a revenue of Rs 307 crore, a QoQ growth of 17%. We ended the quarter with an order book of Rs 1,329 crore. Our net debt was 3,349 crore compared to 3,738 crore in Q2 FY26 mainly due to lower working capital, partly offset by capex; gross debt of 3,885 crore and cash of 537 crore.”