TEJASNET

Recent price around ₹450 – ₹490 range on NSE. 52-week range: ₹294 low to ₹914 high. ➡️ Stock has been very volatile with sharp corrections from the highs. Positive Factors ✔ Strong revenue growth earlier FY2025 revenue jumped to ₹8,961 Cr from ₹2,538 Cr. ✔ Telecom sector tailwind Demand increasing due to 4G & 5G network expansion. ✔ Recent business developments Company recently secured 4G network equipment orders in South Asia. Won 5G Massive MIMO related contracts, boosting investor sentiment. ✔ Part of Tata Group ecosystem Strategic advantage in telecom infrastructure. Major Resistance ₹520 ₹580 ₹650 Major Support ₹420 ₹380 ₹320 Trend Medium term: Sideways to weak Long term: High volatility stock