TEJASNET / NSE / Communications Equipment
Tejas Networks
1Y Price Trend
Key Information
Recommendations
Target High750
Target Low294.1
Target Mean0
Target Median0
Risk Metrics
Overall RiskExtreme risk
Board Risk69.28
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On May 26, Indian stock markets resumed losses amid US-Iran tensions, with the Nifty 50 down 0.5% and the Sensex 0.6% lower. However, mid and small-cap stocks, particularly from the Adani and Tata groups, saw significant gains, indicating selective investor optimism.
On May 11, the Indian stock market experienced a sharp decline, with the Nifty and Sensex both recording significant drops. Investor sentiment soured due to rising crude oil prices and stalled U.S.-Iran negotiations.
Indian equities faced pressure on May 8, with Nifty 50 down 0.55% and Sensex down 0.67% due to geopolitical tensions from Iran-US clashes. Despite these declines, both indices ended the week with gains over 0.70%. Broader markets showed mixed results amid rising crude oil prices.
Indian stocks closed largely unchanged on May 7, after early gains, influenced by profit booking despite easing tensions between the US and Iran. Broader market indices like Nifty Midcap 100 and Nifty Smallcap 100 showed gains, while sector performance was mixed.
Completion of the 4G rollout and delayed orders pushed the Tata-backed firm into losses in FY26, with inventory overhang and a pending BSNL add-on weighing on recovery.
Tejas Networks said that its Q4 losses for FY26 came in at ₹ 211 crore as against ₹ 72 crore in the same period of the last fiscal. The company also posted losses of ₹ 193.8 crore in Q1FY26, ₹ 307.1 crore in Q2FY26 and ₹ 196.5 crore in Q4FY26, taking full financial year losses to ₹ 909 crore.
The stock of Tejas Networks has been rising in a falling market. Let’s look at some factors that could determine the stock price in the near term.
On March 23, Indian markets saw a revival with the Nifty 50 up 1.78% and Sensex up 1.89%, following easing tensions in West Asia. Major sector indices rose, led by Nifty Media. Crude oil prices fell sharply, benefiting related stocks.
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