“We want to inform you that Tejas Networks Limited (Company) has received a volume of Rs.
This incentive received on March 12, 2025 is part of the government’s pressure to boost local production and strengthen India’s telecom infrastructure.
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Tejas Network Q3 Results
Tejas Networks in Q3FY25 Rs. A net profit of Rs 165.67 crore was recorded, which was Rs. 44.87 crore was made against a net loss.
With the help of large projects, including key order of Tata Consultancy Services (TCS) for BSNL’s 4G network deployment, revenue increased by 345.98% annually to Rs. 2,497.30 crore.
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Tejas Networks Shares Target Price
According to Trendlin data, the average target price of the stock is Rs. 1,100, which shows 67% from current market prices. The consensus recommendation of an analyst for stock is ‘Strong Bye’.
Technically, the relevant strength index (RSI) of the Tejas networks (RSI) is 24.8, showing oversold terms. Shares are trading down from the key moving average, including a 10-day, 20-day, 50-day, 100-day, 150-day and 200-day levels, reflecting the bearish spirit.
Tejas Networks shares display
On Thursday, Tejas Network’s stock closed at 2.4% on the BSE at 660, while the benchmark Sensex fell 0.27%. In the last three months, the stock has declined year-to-year and 50%. The company has a market capitalization of Rs 11,622 crore.
(Connection: The recommendations, suggestions, opinions and opinions provided by experts have their own. This does not represent opinions of economic time)
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