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TEJASNET
Tejas Networks is witnessing strong buying interest after the company received a Letter of Intent (LoI) from Tata Consultancy Services (TCS) for the supply of RAN equipment, accessories and installation materials for BSNL’s 4G mobile network.
The order covers 18,685 sites across India and is valued at ₹1,537 crore, highlighting the company’s continued participation in the country’s telecom infrastructure expansion.
The announcement triggered a sharp positive reaction in the stock, with Tejas Networks rising as much as 12.85% in the first hour of trade on Friday, August 28, 2026.
Today also marks the stock’s third consecutive winning session, extending its recent upward momentum. The shares are now around 96% above their 52-week low recorded in January 2026, while remaining about 13% below the 52-week high touched in June 2026.
The price action reflects heightened investor interest following the significant order win.
Disclaimer: This post is for informational purposes only and not investment advice. Please conduct your own research before making any investment decision.#FundamentalViews#StockInNews
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