Tejas Networks Extends Rally, Hits Near Six-Month High on D2M Progress

Shares of

surged nearly 19% on Thursday, extending their four-day rally to around 32% and touching a near six-month high. Strong buying activity in the stock followed reports that the company’s direct-to-mobile (D2M) broadcasting equipment successfully cleared both laboratory and field trials. The development is seen as a key step in validating the practicality and compliance readiness of the technology. According to reports, the trials were conducted under the supervision of several government agencies, including the Ministry of Information and Broadcasting, Ministry of Electronics and Information Technology, Department of Telecommunications, and Prasar Bharati. The update strengthened market sentiment around the telecom equipment maker during the trading session. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.